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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
Post by stockman6767on Dec 08, 2015 10:27am
191 Views
Post# 24364758

People are nuts!!

People are nuts!!Zijin just agreed to pay (and already paid half of that) 72 cents CAD in cash for only half of Kamoa and the stock is still trading at 66 cents.  That  basically means that the other two mines, Kipushi and Platreef are basically valued at less than ZERO, not to mention the cash in the bank!! This valuation at 66 cents is incerdibly unbelievable. Why now that the deal has closed would people sell there shares for 66 cents?? If this is not at least a ten bagger, I don't know what is! This trading simply makes no sense! Even tax loss season does not make any sense here. You only sell your dog losers, not the ones that are worth susstantially more - even if yo are currently under water. None of this makes any sense!
Bullboard Posts