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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 gordoneon May 21, 2014 11:26am
329 Views
Post# 22582490

RE:RE:RE:RE:RE:RE:RE:Mad sellers

RE:RE:RE:RE:RE:RE:RE:Mad sellersAgain I hear you folks...but...I look at long term real value... From what I understand... Jogmec (an arm of the Japanese government) paid $200M for 10% of the Flatreef deposit. That makes the whole deposit worth $2B I believe (Ivanhoes 90% would be worth $1.8B). I alos understand that Jogmec paid that $200M back in 2011? I believe and when the deposit was only half its present size. So again IMHO I'm getting stake in seriously undervalued assets. Im guessing now the enterprise value is <$900m...(market cap-cash in till) so for that i get platreef (flatreef) at a 50% discount and kipushi and kamoa for free...which is a great price + again the best mining guy on the planet. cheers cap-cash="" in="" till)="" so="" for="" that="" i="" get="" platreef="" (flatreef)="" at="" a="" 50%="" discount="" and="" kipushi="" and="" kamoa="" for="" free...which="" is="" a="" great="" price="" +="" again="" the="" best="" mining="" guy="" on="" the="" planet.="">
Bullboard Posts