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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 May 14, 2019 10:28pm
162 Views
Post# 29748152

RE:RE:RE:Consistent insider selling is a strong negative indicator

RE:RE:RE:Consistent insider selling is a strong negative indicatorCarbide,

When Western public corporations buy shares of other companies, do you think management uses their own personal savings? They use Other People’s Money, mainly the shareholders. The only situation where management uses their own funds is with a private company. So far,the track record of Chinese state owned mining enterprises on purchases is excellent. While many Western companies overpaid during the boom years, Chinese miners are taking advantage of exceptional low pricing to purchase major mining assets.

300K sale is small potatoes. And everyone here knows it. Including you. It’s normal for management to supplement their salary by cashing out options. Ivanhoe is more restrained than most. There have also been buyers as well.

Good luck with your short. I hope you lose your shirt.
Bullboard Posts