Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.

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Ivanhoe Mines Ltd

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Post by thisldu3on Oct 29, 2008 4:37pm

386 Views

Post# 15554338

Devils advocate

Lets say GOM falls on their heads and came to some reasonable and acceptable deal with RIO, then what. If your on the Board of RIO do you agree to spend 5 billion in some backwards nation that has questionable government or do you go to friendly places.
In today's world you stick close to home until the dust settles. Or accept the deal and step back and build at a snails pace so you have production by 2015.
Which one would you do if it was your shareholders money? If your a shareholder of RIO what would you expect from your Board?

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