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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

Post by rexrexon Mar 18, 2021 2:47pm
674 Views
Post# 32827839

Why the Cheap money

Why the Cheap moneyI keep scratching my head, why would institutional investors give Ivanhoe Mines $575 Million US Dollars in practically free/cheapmoney. I mean at interest rate of 2.5% it is a joke for a sum of that size. The only thing i can think of is that once some bonanza news comes forwards the share price will double or triple and these institutions can convert these bonds to shares at $9.31 a piece.....perhaps something big is coming out of South Africa soon....could be a game changer in my opinion.......
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