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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 cashtango00on Aug 04, 2023 1:05pm
215 Views
Post# 35573648

RE:RE:Panic selling

RE:RE:Panic sellingObviously increasing tensions between US and China are a headwind, however, I don't see it any more of a headwind for IVN than pretty much any other company.  IVN sells its end products to Asia, not the US, its large shareholders are Chinese, not the US, and the company is headquartered in Canada, not the US.  There is almost no connection to the US in the entire IVN story including a proper exchange listing.  For those that have been around long enough, IVN couldn't find any firm in the US to finance them for size in the beginning, which is why Ivanhoe has such a large Chinese following and shareholder base.  Americans were much more interested in the dot com bubble and then the next tech bubble to finance much of anything in Africa and are now only trying to play catch up.  

I will hold all my shares.  I am not selling any of the shares that I have held since the 2-4 level, because I don't see any other copper remotely close in upside to IVN and I have never seen a company execute as remarkably as this one.  They have never missed a guidance target that I can remember.  To each his own.
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