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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 Drksideofmoonon Apr 22, 2022 9:47pm
219 Views
Post# 34625609

RE:Not So Sure Putin Will Stop

RE:Not So Sure Putin Will Stop

Yes but here's the thing about USD, its fiat 
China, Russia and other countries are now exchanging outside of the USD. 

How long can it remain the global currency when it has no backing other than more fiat and debt when there are viable alternatives? 

I mentioned long ago that one of the solutions is a reset. 

Now what does this have to do with Ivanhoe? 
Unlike the fiat it is currently valued in, it is backed with physical copper, platinum, palladium, rhodium, nickel, zinc, silver and germanium. 

These are all industrial raw materials needed by every developing and developed country. 

There is value in physical metals that can't be replaced by fiat. 

Don't be surprised if you see China and Russia to move to some form of backing to their currencies. 

 

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