Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by bloomfield18on Feb 19, 2019 9:24pm
227 Views
Post# 29385805

IVN is Sui Generis

IVN is Sui GenerisIt’s in a class of it’s own. I never saw a junior miner with three world class high grade high tonnage projects. There really isn’t another company to compare it with to arrive at a reasonable valuation. Kamoa will probably be mined for at least 50 years, maybe a century. Platreef is another multi decade project. All this talk of EBITDA over five to ten years is meaningless, because IVN is such a desirable takeover target.

It’s also worth considering key metal prices are rising. Copper is projected to hit $4 to $4.5 lb over the next six years (Capital Economics / London) as the supply crunch deepens. Palladium, now $1475 oz and rising is defying all expectations. There is a narrative that electric vehicles are soon going to replace ICE. However, oil production, at a record breaking 100 million barrels a day is telling a different story. They couldn’t afford to produce all that fuel if demand from gasoline engines wasn’t strong. People are buying both electric and gasoline vehicles. Consumers may not have a proper electrical outlet, or they don’t feel like waiting an hour to recharge before hitting the road. Most people have busy lives and can’t afford to sit around and drink coffee for an hour. They may not even be able to spare ten minutes. Or cold temperatures may put electric batteries at a disadvantage. As the number of global consumers grow, there will be strong demand for vehicles of all types. Which is good news for IVN.


Bullboard Posts