Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

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.

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Ivanhoe Mines Ltd > Gold is useless................

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Comment by masfortunaon Mar 07, 2022 11:48pm

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Post# 34493629

RE:RE:RE:RE:RE:Gold is useless................

Yes Cobalt
I should have bought HEU in hindsight
The problem with HEU is that when oil stops going up and stabilizes, you don't make anything whereas an oil company with oil at $100 will make massive fcf which they can transfer to their shareholders. The sp will increase even if oil does not increase further.

HEU is a good play if you expect oil to keep climbing. I expected oil to hit $100 this year (summer/fall) from $80 and so I missed the run to $120. Now the question becomes "will oil continue to rise?'. If so HEU is a good play BUT if oil trades sideways or stabilizes, HEU becomes dead money.

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