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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 AlwaysLong683on Jan 26, 2024 2:15am
190 Views
Post# 35846501

RE:RE:IVN UP +1.3% at this moment and garbage stock

RE:RE:IVN UP +1.3% at this moment and garbage stock
cashtango00 wrote: IVN up this year 13.3%
TKO up 2.7 %

Alwayswrong should focus more on his investments and less on " warning " people of theirs  LOL




Oh boy, more misleading comments from cashtango (what a shock), the man who has been exposed as a person who either makes things up or likes to ignore information presented to him that shows his statements to be false and/or don't align with his beliefs (see past exchanges betweeen us on this BB).
 
So, are you now resorting to picking intra-day share prices to compare 2024 returns to date, or do you have difficulty doing math at a second-grade level or higher....?
 
First, let's get the math straight based on today's closing prices, not the back and forth of intraday low/high share prices (IVN: 14.19 - 14.95 today) (TKO:  1.90 - 1.96 today).
 
IVN:
Dec 29 close 12.85
Jan 25 close  14.91
Year to date: Up 16.0%
(see, closed even higher year-to-date than your 13.3% number above)
 
Now, watch this:
 
If I used today's intraday low of 14.19, IVN's year to date return would be 10.4%, or 5.6% lower - for the year to date.
 
TKO:
Dec 29 close 1.86
Jan 25 close  1.94
Year to date: Up 4.3%
 
...and just think, only 11 more months of intraday share prices to go before the closing share price of both stocks are registered at end of 2024. Seems like it was January only yesterday....wait a minute, it was January yesterday...and today.....and tomorrow too.....wow, how time didn't fly...
 
Odd how you're a self-procalaimed long term investor who uses intraday share prices and/or incorrect math to compare share price returns...
 
Moving on, one other variable that may come into play this year: a takeout of TKO by another miner at a generous premium given the fully-permitted Florence project with outstanding metrics in Arizona along with potential negotiations between the buyer of TKO and the Tsilhqot'in Nation re. the New Prosperity claims in B.C. Not saying a buyout of TKO will happen in 2024, but these types of claims packages in Canada or the USA can be attractive to other mining companies, especially if the permitting process has already been completed (as in the case of Florence) and a buyer wishes to reduce the political and/or geographical risk of their current mine portfolio.
 
We shall see...
 
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