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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

Comment by Donald0460on Aug 04, 2023 12:22pm
187 Views
Post# 35573520

RE:Panic selling

RE:Panic sellingYes ,that would be a plausible explanation (sell off, triggering stop losses): ...but let us all be very mindful of the US-China increasing confrontation (and that is just one of the strategic/political problems/issues; RF in the call - citing the chips problem - said "this is giving me massive headaches"), and if this goes up a notch or two, there will be a massive IVN sell-off. This is notwithstanding our joint assessment that we believe in the "long term appreciation of Ivanhoe". But with these types of political and strategic risks steadily increasing, I think it is not unreasonable (for a long term investor having averaged 2-3x) to derisk/partially sell shares.  
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