Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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
Comment by graffiti99on Aug 12, 2017 10:36am
219 Views
Post# 26574275

RE:better get something producing

RE:better get something producing Actually, Spacegimp touches upon a legit issue of concern. The financing deal is not in place yet for Platreef. This is taking longer than I thought. This mine produces platinum, but we know platinum demand looking forward in future automotive applications is now highly suspect. In the DRC, we have a disappointing government constitutional crisis situation with no end in sight. This prevents a lot of institutional funds from participating. IVN will eventually cut a deal - but what will the terms look like? Time is beginning to shift and move against us, the cash on hand and burn rate will start to come up in discussions in the near future.


spacegimp wrote: before you run out of money  ,  in my opinion they need to stop work at  the platinum deposit  temporarily  and then decide  to either progress kipushi or kamoa   quickly into production  cant do both at once or you are at the mercy of bankers that will demand cheap shares  and/or  high interest rate loans  

it is very bad for current shareholders if they continue down this path of three at once , when you run out of cash you dont make the rules


Bullboard Posts