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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 carbideon Jan 23, 2019 10:11pm
98 Views
Post# 29273852

RE:RE:RE:The problem with this stock

RE:RE:RE:The problem with this stockI wouldn't put a lot of stock in sell-side analyst estimates.  Can you bank it?  Hard dollar investment by major mining companies is all that really matters, unless you develop it yourself and the market affords the capital to do so, but that's usually not optimal because of mining companies' lower capital costs and superior efficiency at at building mines.  Makoko was 3m of 3% copper 500m deep, open but not that big.  The Kamoa north discoveries were shallow but spotty and mostly thinner or lower grade.  No doubt, there is a lot of copper on these properties, and with ongoing exploratoin, more will be uncovered, but unless you find another Kakula, it really doesn't move the needle.
Bullboard Posts