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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 Jun 17, 2018 12:11am
176 Views
Post# 28182598

RE:RE:RE:Good Timing on Financing

RE:RE:RE:Good Timing on FinancingRF doesn't get a cut, or commission, Stock Em Ups. Where did you get that idea? He's not a broker. Up till now he was the single largest shareholder. Today he owns 17% of the shares out. I believe this is about 170 million. Dilution can be good or bad, depending on the situation. In this particular case, it was positive. Why would RF intentionally sabotage his own substantial holdings?

On another point you've made, I don't believe Chinese state miners are shorting the company. Shorts hit the Company hard AFTER the financing. If it were the Chinese that wouldn't have happened. They would have nothing to gain. These are professional short traders taking advantage of treacherous conditions created by airheads who make the rules on the TSX. And why not? If you leave the bank safe open and unguarded someone will be glad to help themselves. Updated short dats will be available in a couple of days. I'm expecting more carnage. This major financing was crucial. Who knows what the future holds? It's best to meet it with plenty of cash. I feel like we may have got one of the last choppers out of Saigon.
Bullboard Posts