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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. 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.


TSX:IVN - Post by User

Bullboard Posts
Comment by Countrygenton Jan 15, 2012 1:45pm
356 Views
Post# 19405464

RE: Increases Stake in Entree

RE: Increases Stake in Entree

I believe the transaction reported was an issuance of 100K options priced at $1.25 ...  ETG did a full tranche to all the directors and senior management.  

Could be an interesting few weeks now.  I'd hope IVN and RioT can strike a negotiated restructuring of IVN, cash-out of OT for IVN shareholders at a price acceptable to RF.  Over in the Trailer Park at ETG a few of us wonder if Mr. Lahey will be retiring and RF showing up like Cyrus.  Those shallow volcanic intrusions over on Shivee West has more than one or two curious minds wondering if there is another OT rabiit to be pulled from the Gobi hat.  Wouldn't that be something.

And of course we're still waiting to hear if China will plug the mine in.  They want a piece of the action no doubt, and why shouldn't they if they are providing the juice?

CG

Bullboard Posts