IVP – Watch mining legend Robert Friedland send Ivanplats shares over $2 in the near term
POSTED ON AUGUST 22, 2013 BY TOMMY HUMPHREYS Global Opportunites And Leadership
Last week I bought some Ivanplats at $1.56 thinking it was too beaten up for the calibre of people and projects it has. Summer months are also historically the best times to pick up junior mining shares.
I also just learned that IVP Chairman Robert Friedland (who owns some 135 million IVP shares) will be hosting a site visit in the DRC during the first week of September.
Friedland has been called the greatest mining executive of our time by Rick Rule. Books have been written about him. He was an early mentor to Steve Jobs and legend has it he taught that gentleman how to sell.
I suspect that the excitement this investors field trip generates will be enough to send IVP above $2 in the near term, if not higher.
I see tonnes of value in Ivanplats and I’m jealous of those attending the trip.
Here’s the 12 month IVP Chart:
Related: I made a similar call on Lucara Diamond Corp on August 18, 2012. Lucara has returned over 60% since.
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