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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 cashtango00on Aug 26, 2024 3:43pm
174 Views
Post# 36196559

RE:RE:RE:RE:RE:RE:Dems fake numbers

RE:RE:RE:RE:RE:RE:Dems fake numbersGisellekronk

I don't have an exit price.  Its a pretty dynamic company.  Just so much going on and I'm a believer in the long term copper narrative.  I generally don't buy and hold cyclical stocks long term because such a strategy rarely plays out given their volatility through cycles.  Saying that, because I hedge with options and given the extreme growth ( and managements great track record on execution), I'm just riding this one through for now.  I suspect eventually there will be signs to lighten up, such as a large deal, or a conversion from growth to more of a steady state cashflow entity, but I don't see that in the near term. 
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