Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.

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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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