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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 ororossoon Apr 20, 2021 12:14pm
215 Views
Post# 33029551

RE:RE:RE:RE:Technically, IVN looks like it might go Exponential

RE:RE:RE:RE:Technically, IVN looks like it might go ExponentialHmmm.  The actual share float is about 1.2 billion shares.  However, Robert, CITIC, Zijin and Fidelity account for about 65% of the outstanding shares.  Free float is really more like 35%.

If you take the 14 million shorts over the free float it amounts to just over 3% of those shares.  The big players are not going anywhere - they have the real diamond hands.  If you want to try to get a meaningful position in the stock it is not that easy.  People seem to not realize that.  The stock is trading very well.  Production just around the corner.  Copper poised to hit new highs.  Exploration results coming this year on WF.  Some news on the other assets.  What is not to like.
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