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 > i sold 12% of my holdings today

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Post by Nosleepon Jan 05, 2021 12:46am

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Post# 32221773

i sold 12% of my holdings today

I didn't really want to sell, but it's only 12% and I was up over 1000 percent on those in my TFSA, bought 5 years ago or so at .70 cents. I'll either buy back if there's a significant dip or i'll just plow that money into a juicy dividend stock, it'll be like IVN is already paying me a dividend. Amazingly i can buy something like Dream Impact, and nail down .40 cents a year dividend for 6.00 a share, which translates close to .50 cents a year of dividend from .70 cents a share initial investment, how can you not LOVE that.

Nosleep

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