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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. 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
Comment by ursusbrumaeon Mar 19, 2018 8:36pm
134 Views
Post# 27743470

RE:By the way, Platreef is worth about 5 dollars per share

RE:By the way, Platreef is worth about 5 dollars per share Right, TA, but I don't see the market valuing Platreef very highly any time soon.  And if there is civil war in the Congo, the other two projects will not be valued very highly in the marketplace, at least temporarily.  And the company needs resourced to survive, so it will need cash to avoid forcible dilution in a prolonged period of low valuation due to political unrest.  This is why I think they should batten down the hatches if things get much worse, and certainly not accelerate any projects, at least until the anticipated election date, unless there are some hidden financiers waiting in the wings willing to lend the company a helping hand on favourable terms, which I don't see, do you?  I am not forecasting such doomsday scenario, but turmoil is evident almost everywhere in the DRC, and the political situation appears unstable.  I doubt anyone, no matter their position, can know which way things will go.
Bullboard Posts