Ivanhoe Mines Ltd. (USA) (NYSE:IVN)

look-up Oyu Tolgoi, a massive mine in Mongolia, just over the border from resource-hungry China.

fair price and buyout potential..

I just cannot understand this valuation. Do people not read financial statements anymore?

This company has a 16.3 billion market cap. Last year the company had 80 million in revenue. In addition, the company lost more than a billion in free cash flow and has been losing a massive amount of cash every year since it went public.

This is not rocket science people!!!!!!!!!!!! My grandma who doesn't even know what a stock is would realize that there is something wrong here. A 16.3 billion valuation for a business with such terrible fundamentals is crazy. It seems to me that all common sense has disappeared in today's investment world.

china play gold,copper currency and coal

mines

Solid Canadian stock

Ivanhoe mines. i remember back a few years ago when ivanhoe was less than $5.00

(1) China's neighbor
(2) Precious & industrial metals

Low Sales and Few Employees for Capital

Oyu Tolgoi to become world's largest copper/gold mine

the three c's coal, copper, china

Ivanhoe is busy constructing a mine to tap "The Ultimate Copper and Gold Mother Lode":
http://www.fool.com/investing/international/2010/10/21/the-ultimate-copper-and-gold-mother-lode.aspx

"Ivanhoe Mines (NYSE: IVN) may not be the first name to roll off your tongue when you think of gold, but that may not remain the case for much longer. Ivanhoe is fast-tracking construction of the world's largest pending copper and gold mine: Oyu Tolgoi. Located in Mongolia, just 50 miles from the Chinese border, this massive deposit is uniquely positioned to satisfy China's robust demand for both copper and gold. Ivanhoe retains a 66% interest in the project, while the government of Mongolia holds 34%."

"The company has built an estimated resource (measured and indicated, plus inferred) of 81 billion pounds of copper with a monster gold kicker of 46 million ounces. While the company proceeds with a construction schedule that targets open-pit production beginning in 2013, exploration drilling will endeavor to convert resources to reserves and further expand the known deposit. If their most recent drill result is any indication, investors may be in for quite a ride. In September, Ivanhoe revealed that a single drill hole encountered 938 meters of continuous copper and gold mineralization."

"Ivanhoe recently announced a share offering to raise between $800 million and $1 billion toward construction of the mine. The offering is structured such that existing shareholders will be encouraged to participate in order to avoid dilution of their existing stake. Leading the charge, executive chairman and CEO Robert Friedland announced he intends to maintain his own 18.3% stake in the company. It is not yet clear whether strategic partner and 34.9% stakeholder Rio Tinto (NYSE: RTP) will follow suit. Relations between the two companies have been constrained since Ivanhoe altered its shareholder rights plan earlier this year to allow for additional strategic investors to build stakes in Ivanhoe Mines.""

Of course this will go up with the completion of the Oyu Tolgoi project and the price of copper.

China China China

Great growth opportunity with their Mongolian mine coming on line. They are right next door to the PROC, making them first in line to feed China's appetite for Gold and Copper.

They have the stuff for next generation solar panels. I'm not kidding. Really.

Huge Mine in Mongolia. Gold Price will go up, China will recover. Bought much lower for real. Their in the ground assets will exceed FCX by end 2013. Do the math.

short watchlist
lny,pfcb,cake,lulu,thc,udr,eqr,mac,wynn,crm,pcln,ivn,anv,amzn,dan,open,cree,netl,bas

"fresh": lny, pfcb, cake, thc, eqr, mac, wynn, crm, ivn, dan, netl, bas

Would have liked to buy at 12.8, well positioned company