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.

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Ivanhoe Mines Ltd

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Post by twogoodon Sep 20, 2016 1:09am

363 Views

Post# 25254699

Strong Statement

Rick Rule: The largest speculation of my career by cost is Ivanhoe Mines (TSE: IVN) which of course was presenting at the Sprott Symposium back in July 2016 in Vancouver, BC. It is a very large position for me. To be honest, I just can’t help myself as the quality of these deposits relative to the enterprise value (Market Capitalization minus Cash), is so extraordinarily out of balance, that I just can’t help being speculatively inclined towards this company.

RR has been talking high about IVN since 2012-2013.
He is sure of a big payday. And, not in the long term. Maybe in the next 2 years.
If he can wait for that, we can wait too.

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