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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Bullboard Posts
Post by ursusbrumaeon Jan 24, 2015 12:43am
270 Views
Post# 23358554

market perception

market perceptionCopper, already down 45% and firmly in the grips of a bear market, is projected to be in surplus for several years.  Still, in a weakening global economy, a glut is becoming increasingly apparent and the price is falling fast.  The company is not only in one of the most maligned industries and receiving continuous negative press, but operates in possibly the worst country in the world, and needs to raise ten digits for a project which will not cash flow for eight years.  Institutionally held and easy to borrow.  Can anyone say short?
Bullboard Posts