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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 Dragonflyinveston Aug 26, 2024 5:32pm
155 Views
Post# 36196742

RE:Regarding: Maybe I shouldn't mention that IVN has had lower

RE:Regarding: Maybe I shouldn't mention that IVN has had lower"This is a buy and hold stock, especially for those who have owned it for 5 to 10 years."
 
Personally, I believe that investment is all about the future.  If you can make money today from a stock trade you made five years ago, you better start an investment newsletter because you are one in a billion. This discussion started with an examination of Ivanhoe over the last three months, which is a full fiscal quarter and hardy “the day to day gyrations”(sic) that you disregard.

I have no need to sell because I quit investing in Africa twenty years ago. Why? Because there are literally dozens of great mining investments that have none of the extraordinary risks associated with the sociopolitical environment in those poverty-stricken nations.  Particularly now with climate change is currently threatening the food supply for millions of African citizens.

BTW – You might be surprised by comparing silver (+33%) to copper (+10%) during the last 6 months. Certainly, you will be disappointed when realizing that CDE gained 150% over last 6 months, while IVN gained 30%!  Yes, you might have made money with Ivanhoe, but less than one-fifth of those with Coeur instead, so spare us your grandiose ravings of the “great” investment potential of Ivanhoe.  It just doesn't pan out.


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