Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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

Ivanhoe Mines Ltd

Bullboard Posts

Post by CanadianBuckon Jan 26, 2015 12:20pm

313 Views

Post# 23363730

Why the stock is down...

29,000,000 restricted shares were recently released. Friedland owns about 25% of those. Obviously some are being sold into the market. About 18,000,000 shares have traded in the last 5 days. Assuming Friedland holds his shares then the maximum shares that could be sold from this release is about 21,000,000 shares. Some of the rest will be long term holders so it is likely we are getting near the end of the potential selling. Lots of upside from here IMO.GLTA

Bullboard Posts

One of the best Venture pharma stocks has grown even stronger