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
Comment by carbideon Jan 23, 2019 9:45pm
109 Views
Post# 29273786

RE:RE:The problem with this stock

RE:RE:The problem with this stockThe market and the lack of corporate activity make it abundantly clear: the Western miners are avoiding the Congo like the plague.  Look at all the investment by majors into copper, which I read now amounts to more than any other metal, by annual expediture, including iron ore.  They believe in copper, and are betting on huge demand/supply imbalances.  BHP/Newcrest in Solgold is just one example.  And then just consider the valuation they are ascribing to Cascabel, and how terrible a jurisdiction Ecuador is.  It just shows you how much they hate the DRC.  And you have Kamoa trading for 20 or 30 cents on the dollar.  They simply won't touch it.  And so, it's like dealing with Walmart or Amazon or vending a government contract.  Monopsony.  It's not even a market.  Developing and exploring allows for a better copper market, maybe a larger resource, and maybe a better political climate (doubtful) but it is an open question whether it will lead to a better deal.  Certainly, if the Chinese get Kamoa for anything close to the current market price, it will have been one of the greatest coups of an exploration company in mining history.  2 billion for the largest high-grade copper discovery in 30 or 40 years, ready-built for the coming electric age, the Chinese century.
Bullboard Posts