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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 stargazer1on Feb 22, 2017 4:24pm
611 Views
Post# 25879484

Dear Newbi

Dear NewbiBefore you buy a stock you find out all you can about it, and if everything looks good, you buy it. Right after you buy it, things may seem to fall apart. Right now a lot of players in the market think that the dollar is going to be strong and that interest rates are going to be going up. They think that the price of gold is going to fall because you don't earn any money while holding it, and if interest rates go up, people will sell their gold stocks, thinkiing that gold is going to fall, and use the money to buy bonds or stocks with dividends, which will give you money while you hold them.

However, gold has gone up in previous times when the dollar gained ground and when interest rates climbed, even climbed for years at a time. If people are worried that the world can fall apart, and there is a lot of that worry going around, and it is getting worse, then they buy gold as insurance against that possibility. There are a lot of political elections in Europe coming up in the next several months, and it is now looking like a lot of them are going to be won by politians that want their countries to leave the European Union. This can really destabilize things. Short term or even long term. Nobody knows. But what is does mean, is that gold, as well platinum, has a better chance of going up rather than down.

On top of that, Trump wants America to fix its infrastructure, and that will mean that commodities such as copper will be in big demand. Plus China's industrial output just showed a big uptick, and therefore so did their use of copper etc., and it now looks like their industrial output will continue stron.

So your stocks may be falling, but if you did your due dilligence, and you know that they have good/excellent properties plus that they are low cost producers, or will soon be producers, then don't sell. Possibly buy more, or just sit back and wait for them to recover and go on to new highs.

I bought IVPAF a while ago at $0.84/share. Back then there were a lot of people saying that car sales were going to tank and so would platinum. Others were saying that the world was in for a major recession, and therefore copper and other industrial metals were going to fall. So they said sell Ivanhoe, possibly even short it. I had done my DD and knew that Ivanhoe had three world class properties, plus the money and knowledgable management to bring them to production, so instead of selling, I bought more, and now it is, by far, my biggest holding.

Oh, and by the way, considering the properties that they have, Ivanhoe has barely started its upward climb. Anything under U.S. $4 is a steal. So just hang in there, like the rest of us, most of which are still buying more shares of IVPAF.

Bullboard Posts