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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

Bullboard Posts
Comment by VentureTrader1on Feb 05, 2018 10:02pm
182 Views
Post# 27508474

RE:RE:RE:Green Is Positive

RE:RE:RE:Green Is PositivePersonally, I think tomorrow will be down hard, along with the rest of the market, at least first thing.  Tommorrow could be a crazy day, the short volatility trade is coming apart at the seams and this is going to create chaos.  The expectation in the market is probably for commodities to get sold to cover margin calls, and for the USD to go up, and maybe that's the plan to save the dollar while still not raising interest rates.  Right now, I think the USD is on life-support and when it fails then commodities and precious metals will take off.  FED is going to have to abandon the interest rate raising program if the market falls apart, but that will be dollar negative.  But if the dollar starts rising on margin calls - also dollar negative.  I don't think this is 2008 all over, more like this is what people thought 2008 was going to be.  But short term anything goes, and this could be the cover necessary to push the price down hard one more time.  Freidland's talk on Wednesday night, though, might be the signal for reversal.  It's all up in the air right now as far as I can see.  Watch out for the wolves, though, and the snakes.
Bullboard Posts

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