Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Bullboard Posts
Post by aproposon Mar 28, 2017 10:33am
228 Views
Post# 26040083

Where is the new money going to come from ?

Where is the new money going to come from ?Looks like we are getting creamed a bit today as the only news is there is no new news while we wait for assays to come back. Never a dull moment here though with lots to come this next while about progress building and drilling.
 
I believe the money needed to continue progress on all fronts will come from the sale of at least one of the other two mines this year. There is a lot of talk about easy money being thrown at Ivanhoe but the reality is that there are not a lot if any funds  or banks that want to take on the risk in the DRC. The political uncertainty gives many pause. There are safer places to put a billion dollars to work if you are lending out money I’m sure.
It’s the chicken and egg thing.  Once ore is being sold and money is  being made  suitors will be tripping over each other. It’s just getting to that point.
Do I believe it will happen ? I hope so this is the largest amount of money I have ever had in any one stock.
I will be much happier when the price moves into double digits and the way they are growing resource numbers it could be sooner than we think. It is a rush to get the numbers up as soon as poss as far as I’m concerned and I’m loving all the drills turning.  
I hope things continue to go well for all of us. GLTA
Bullboard Posts