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Gold/Mining/Energy : Ivanhoe Mines (IVN.T > formerly Indochina Gold)
IVN.TO 15.86+1.4%3:59 PM EST
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To: NPValue who wrote (2)3/15/2000 7:56:00 PM
From: teevee   of 51
 
NPV,

Copper could well be back at the US$1.25 or higher level in 2002.....given the leverage to copper prices, that means a target of $4.00 to $5.00 per share. What is interesting is the current expansion AND the expected feasibility study later this month on the second deposit. With that factored in, IVN could be back at issue price around $15.00 in two years. I like the risk reward ratio on this one.
cheers,
teevee
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