Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

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 Aurum1983on Jul 18, 2017 9:01pm

338 Views

Post# 26483847

Future of mining and copper price

Check this out -

https://www.forbes.com/sites/jonmarkman/2017/07/14/these-are-the-robots-that-will-mine-in-hell/#7b2ee1df6fb7

You have the big boys like BHP and Rio Tinto digging 7000 feet into the gound for copper. Think about the the cost of at least $6 billion to set this up and the enormous risk involved.

Then think about IVN's deposits. The industry has exhausted the low hanging fruits and copper price is set to jump.

You can run calculations all day long and come up with some BS numbers all depending on your valuation methods and you still won't make any real money in the market because you are missing the forest. IVN is not a stock you should day/swing trade. It's too good to not hold it long term.

Bullboard Posts

Bitcoin Well increases reserve amid strong subscriber growth