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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

Post by crow27on Dec 05, 2020 4:01pm
433 Views
Post# 32044551

No Rush

No RushNo one is going to pressure RF into bringing any project on line before it is 100% ready to roll. He has been around this his whole life. When the right people and financing are in place he will strike and not a moment before that.
IVN is in total control of every property and RF knows it. He could sell any property or a portion of a property and we would all make a ton of money but he will only do so at the right price and he knows these properties are all going up in price by the day.
At any moment a major could buy any one of these properties and that would be in the hundreds of millions or even in the billions.
RF has a strangle hold on all these play's and he is not giving it away to no one!!!
The costruction is moving at a torid pace and phase 2 will come together even quicker as you don't make the same mistakes that you made on phase 1.  This will save them many.many hours of labour.
I have found that the biggest problem at any mine in Africa is dependable electrical POWER!!!
This is not the case with K&K as they have totally upgraded this supply. This is a big deal folks.

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