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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 Jun 22, 2018 11:21am
144 Views
Post# 28213023

RE:Revaluation

RE:RevaluationI agree with your view on the upside vs downside, but I think the techncial indicaors are as valid here as anywhere, whether that's because they drive the market psychology or reflect the market psychology I don't know.  Anyway, could go either way here, technical indicators I look at suggest a good probability of a turnaround but it's always probabilities.  The broader commodity market looks a lot shakier, thanks to the US admin and it's trade wars I suppose.

Just need a longer timeframe here I think is the biggest thing.  If it went to 8 bucks in 3 years that would be a nice return, and that, IMO is a conservative expectation.  Market's just trying to demoralize shareholders right now, shake their conviction, but as you say, this isn't some fly-by-night penny explorer, the value's there, funding's in place, now it's just time, like waiting for summer when it's January.  
Bullboard Posts