Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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.

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Ivanhoe Mines Ltd. > Potadvisor1 is right about one thing.

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Post by bogfiton Feb 20, 2024 9:13pm

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Post# 35890038

Potadvisor1 is right about one thing.

I won't feel a need to post each and every development in the days ahead. The case for extreme caution I believe has been made. Perhaps the conflict will be resolved and they can go back to the low-scale insurgency that has characterize the DRC for decades.

What is especially concerning is that Rwanda has already invaded the DRC.

Rwanda Rejects U.S. Calls To Withdraw Military Assets From Eastern Congo

Rwanda rejects US calls for withdrawal of missiles and troops from eastern Congo - ABC News

Seriously, if I owned stock that was located in a region of conflict uncertainty, I would sell my position. I know the howls that choice is making but get serious, selling a position is NOT a divorce, it can very well and always should a holding pattern as events unfold. When one weights the potential loss of opportunity from doing so, against a much greater risk due to adverse subsequent developments, one must consider the likihood of this stock making significant gains.

We all have our opinion of the Global economy and the pricing of metals in light of a world turning to recession, but I cannot see a real strong possibility of Dr. Copper making significant gains until we see how the Chinese economy weathers the storm.

Buy it back when things settle down, and consdier the loss of opportunity as an insurance premium. You will sleep much better.

b.

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Ivanhoe Mines initiates Phase 3 concentrator construction