Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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.

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Ivanhoe Mines Ltd

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Comment by Contrarian58on Sep 12, 2019 10:03am

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Post# 30119532

RE:RE:RE:RE:RE:RE:News

Most likely an income tax-avoidance strategy, as used by much of the top .1%: live on money borrowed from appreciated assets and you have no "income" and therefore no income taxes. My accountant here in Northern California once told me that none of his high net worth clients paid any income taxes because they all used this strategy, mostly using portfolios of residential and commercial properties. I suppose it also works with a half-billion dollars of Ivanhoe stock.

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