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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 May 28, 2021 8:14pm
300 Views
Post# 33291551

RE:This is no issue at all.

RE:This is no issue at all.They make a pile more money with their own smelter, but this will all happen in phase 3. All these phases are huge projects and we have 5 of them lined up to go, plus a smelter, plus the power generation project and thats just KK. RF and the team have had years to plan all this work and as we all know when they say something they mean it. Look how fast phase 1 took to complete and phase 2 is well on it's way and the beat goes on and on.
Our only fear is in Jan/23 when the standstill comes due with CITIC. These guys just might buy the whole company out. By then we will be much farther along with all the projects and WF might add up to 10 more tier one mines ........................ don't laugh as that came directly out of RF's mouth in one of his interviews.
If CITIC takes us out you might only get $50.00 a share but thems the breaks. CITIC is a trillion dollar company so if they want they could easily take us out but there is no doubt that it will be a friendly takeover as RF is in solid with them all.
Today the Crow bought more as sooner or later this is going to rise and just keep rising. 1 year out this is going to be a much different company. This small seed of a tree is going to be the biggest tree in the forest ................ but it does take time.
Consider yourself very lucky to be able to get in at the lows, $8.88 will look extremily low when it's $50.00 and going much higher. $8.88 is a great number and price. If this goes lower hit the buy button as many times as you can. You can thank the Crow later.

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