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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 5:07pm
141 Views
Post# 28216199

RE:It Wouldn't Take Much

RE:It Wouldn't Take MuchIt's all about time.  Commodity market needs to stay bullish, financing and credit markets need to stay at least stable, and there needs to be a return to feeling that if DRC isn't exactly a safe place to invest, it's at least viable (and SA too).  That's the type of environment that will be required to generate interest in IVN.  Right now I suspect there are plenty of buyers but they're either accumulating quietly or waiting for further discounts, because the market supports that.  Once the discount between IVN and comparables (producers and development/exploration companies) becomes to great the swing to remove the differential will be quick.  In the meantime the game is to avoid the temptation to bail out and chase the pot stocks or the tech stocks, while at the same time (for me at least) waiting for the really GOOD sale price to add more and not getting sucked into thinking '2.80 is a bargain' which it probably is, but if I overload at this level it will be almost impossible to hold if it drops substantially.

Patience is the whole game here.
Bullboard Posts