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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 PistolTucoon Jun 02, 2021 3:03pm
172 Views
Post# 33312259

Apparently the Market doesn't like the 10yr Smelter deal -

Apparently the Market doesn't like the 10yr Smelter deal - which is Chinese majority owned -  we got alot of complicated issues with this beast - do you really trust the DRC and the Chinese?  That is what is probably scaring the sh*t out of most investors high up the chain.....i really don't know if IVN rushed this smelter deal or not or why this was not addressed month ago - all this really does/did was spook the market for now - IVN will get through this over the next week then drop a killer exploration update of WF which will lead to a "New World Class Discovery" 6x's bigger than KK -  IVN only for the pro who can stomach the swings, Long IVN waitng for Oct-Nov price target $12-$15 IMO GLTA.
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