Today, I took a position in Ivanplats -IVP.to. I have done some DD's and found this to be a very attractive play.  I took advantage of the share declined today which I believe will be short lived.  I am hoping to have an update on my site soon.  They could have the highest grade and biggest copper deposit in the world that could have 150yr mine life. Plus, their platinum project which will be a cash cow when it goes into production.  Today you are buying the price almost at the IPO. 

Chen Lin mentioned IVP.to on a interview on the SeekingAlpha.com site;

TGR: What have you been looking at recently that you're excited about and think has some good upside potential?

CL: One interesting company is Ivanplats Ltd. It is looking at one of the most significant platinum discoveries in human history. The project is run by Robert Friedland, and is basically a spinoff from the former Ivanhoe Mines Ltd. It has a new platinum group metals [PGM] discovery in South Africa, which according to Friedland, is so large that it could wipe out the whole PGM mining industry in South Africa and take over the world. This deposit is only 20-30 meters [m] deep, and has very rich nickel and copper byproducts that can produce platinum, palladium and gold at negative costs. A typical South African PGM mine has veins only about 1m thick, which are very deep and very hard to mine.

Ivanplats' discovery can potentially change the whole industry. The size of the deposit, according to Friedland's presentation, could be well over 100 million ounces [Moz]. His plan is to announce the NI 43-101 resource on February 5, and that's why I have been accumulating ahead of his announcement.

Moneta Porcupine-ME.to saw some upgrades yesterday.  I believe they will eventually be taken out. 

Kinross -K.to I believe is now oversold and will impress the market next week on Feb.13th. Expect, some news from K.to regarding Tasiast over the next few days.  Will be a stock mover. 

I also own Colossus Minerals-CSI.to - they should be coming out with a long awaited 43-101.  The stock has been consolidating between $4-$4.20. 

All the best ,

Lex Corp News Letter