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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 Potadvisor1on Apr 08, 2024 10:40pm
130 Views
Post# 35978107

RE:Copper Bulls Can See A Record Price Of $12,000/t

RE:Copper Bulls Can See A Record Price Of $12,000/tONLY 12,000 $/TONNE ??? TOO FUNNY. TRY 15,000 TO 20,000 $/T WITHIN 2 YEARS. RF SAID IT BEST, YOU NEED 16,000 $/T TO HAVE ANYONE PUT ANY NEW MONEY INTO EXPLORATION AND IT TAKES THE AVERAGE COMPANY 10 TO 15 YEARS FROM FIRST HOLE DISCOVERY TO PRODUCTION. SO THE QUESTION IS; HOW WILL YOU SOLVE THE DILEMMA OF A CONTINUOUSLY GROWING DEFICIT , WHICH YOU CAN'T RESOLVE SINCE YOU WILL CONTINUOUSLY HAVE MORE DEMAND AND LESS PRODUCTION OVER TIME SINCE FIRST, YOU HAVE TO BE ABLE TO FIND 10 KAKULAS PER YEAR JUST TO STAY EVEN IN THE FUTURE.
NOW; SHOW ME WHERE THEY ARE ??? BESIDES IVN, NO ONE ELSE HAS DISCOVERED ANY SIZABLE COPPER DEPOSIT TO WORTH MENTIONING IN THE LAST 10 YEARS, SO, WHAT HAPPENS TO ANY COMMODITY PRICE, WHEN THERE IS A CONSTANT AND GROWING DEFICIT THAT CAN'T BE FILLED ??? CAN YOU SAY 20, 30 THOUSAND PER TONNE ??? I CERTAINLY CAN AND I AM CERTAIN RF DOES AS WELL. 
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