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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 bloomfield18on Feb 16, 2018 5:55pm
184 Views
Post# 27575653

RE:Total Resource Summary

RE:Total Resource SummaryChevy,

The question is why? There is a reason I listed all the assets. IVN's share of the various partnership's is approximately $90 billion USD of in situ metal at Platreef, and $45 billion future recovered metal at K-K and Kipushi. What's more, every single resource is expanding. Let's suppose the recent attack on the stock wasn't just a bunch of guys out to make a quick buck. As you have already noted on numerous occasions IVN seems to be singled out for special treatment, where other less stellar projects bask in the warm bosom of a bull market. Just Look at KAT, for example, a pure Congo play with an effective NPV = Zero. They have an enterprise value of $11.5 billion CAD.

Perhaps someone wants Company assets, and this would be a lot easier to accomplish if share price is driven into the ground. You could keep finding plausible explanations for the price drop -- political instability, stock market correction, commodity price risk. The only problem is those spurious explanations don't seem to apply to other companies, or at least not to the same extent. IVN gets the paddle on the slightest pretext. Good news is also greeted with vigorous punishment. Sell the rumour, sell the news. Maybe I'm wrong. Perhaps our grief is caused by a small group of cunning traders. But tens of billions of dollars in future profits is certainly worth stealing.


Bullboard Posts