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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 moreDDon Mar 09, 2014 9:32am
161 Views
Post# 22299537

RE:RE:gabon drill results out any day now...

RE:RE:gabon drill results out any day now...Gold in Gabon if or when we hear about it would be nice exposure to gold price and would attract money investing in gold stocks...that being said it s important to undestand that would only happen if the discovery is high margin and economical at 1200 gold...now to the share price...I don t see how Gabon would do much to the share price...it looks like market is valuating only Platreef in SA and disregarding Kamoa and Kipushi.in terms of assets I value these 3deposits at 4billion....phase 1 Kamoa will take 1.5 billion and Kipushi 1 billion (my estimate)...if they would raise 2.5 billion by equity alone at 2 dollars per share that would raise the current outstanding count to 1.8 billion shares.and even with that SS the fair value per share to assets would have to be at 2.20 dollars.
Bullboard Posts