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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 Aug 05, 2020 6:05pm
268 Views
Post# 31369543

RE:RE:RE:Huge Cash Flows

RE:RE:RE:Huge Cash FlowsNextime is right. Barrick got stuck at $400 oz gold for years because of preexisting agreements. While other gold producers soared, they stayed in the basement. You only want to do that, if you believe future prices will be weaker. What if the USD crashes, but you agreed to sell your product at a fixed rate, worth less and less with each passing month? That sets up a situation where share price must fall, correcting downward in tandem with a plunging USD. I wouldn't hitch my star to a weak USD.
Bullboard Posts