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 > tuesday's presentation

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Comment by bloomfield18on Feb 04, 2023 4:06pm

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Post# 35267079

RE:RE:RE:RE:RE:tuesday's presentation

Enero,

When copper was $2 lb, then IVN was worth $3. Now copper is over $4 lb, so IVN -- a copper company -- is worth a lot more. My estimates are based on the price of copper, so now the Company is worth a lot more. That said, $100/share doesn't make sense because there are over 1.2 billion shares out and the Company owns a third of K-K. That implies a value for K-K of $300 billion, which is impossible, ever with the other properties.

By the way, I never sold at $3 (it was higher), but I did sell, and I've NEVER shorted this Company. I'm making no predictions on the future price.

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