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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

Comment by crow27on Jan 29, 2021 1:16pm
342 Views
Post# 32421338

RE:RE:RE:If I had some spare cash, I would be buying more here.

RE:RE:RE:If I had some spare cash, I would be buying more here.IVN has always had good run ups but for some reason it is a stock that gives up it's gains. We were at $7.80 just a while ago and now we are at $6.10. It will climb again but it likes that tree shake.
The projects all keep plugging along and now we are 5 months away from the mill starting up.
Anyway, that's is how this stock has been trading for years. I have bought this thinking it was the bottom and I was right and then the next tree shake I was wrong.
I'm not sure it is clear that it goes to $5.90 but it would not surprise me if it did. It's a coin flip.
With this company you just have to keep your eyes on the prize.
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