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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
Comment by VentureTrader1on Feb 02, 2018 10:47pm
194 Views
Post# 27495149

RE:RE:RE:Here is a little calculation just for fun so you can all see

RE:RE:RE:Here is a little calculation just for fun so you can all seeIn the last real crazy gold/mining bull in the 90s (Bre-X era) a company I owned called, I think - International Copper - a junior explorer with some proven resources in Mexico, went from around .70 to 11.00 (and then to 0 lol). On the other hand, Western Canadian Coal and Grand Cache coal went from around 2.00 in January 2008 to 10+ in June of 2008 back to 2.00 in September 2008 to .25 in October November 2008, and then bought out at around 12 in 2009. So valuations are all well and good, but in a real bull (which we haven't had for 20 years) things go crazy on the upside (like Bitcoin) and in a selloff they go to ridiculous lows (at .25 Grand Cache and Western Canadian were selling at < cashflow/share="" and="">< cash in the bank). so this could literally go anywhere - if the market gets weak the discounting could get severe, if the market bounces back and/or the usd softens more and copper goes up, or kabila takes a softline stance on the tax rate (or even just saner heads prevail and recognize that a minor tax change doesn't cut a development company's value by 25%) the bounce back could be quick. be prepared for anything. cash="" in="" the="" bank).="" so="" this="" could="" literally="" go="" anywhere="" -="" if="" the="" market="" gets="" weak="" the="" discounting="" could="" get="" severe,="" if="" the="" market="" bounces="" back="" and/or="" the="" usd="" softens="" more="" and="" copper="" goes="" up,="" or="" kabila="" takes="" a="" softline="" stance="" on="" the="" tax="" rate="" (or="" even="" just="" saner="" heads="" prevail="" and="" recognize="" that="" a="" minor="" tax="" change="" doesn't="" cut="" a="" development="" company's="" value="" by="" 25%)="" the="" bounce="" back="" could="" be="" quick.="" be="" prepared="" for="">
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