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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. 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.


TSX:IVN - Post by User

Comment by Starsearcher80on Dec 01, 2020 9:39am
299 Views
Post# 32008435

RE:BREAK AND RUN IMMINENT

RE:BREAK AND RUN IMMINENTYa, saw that one coming.  Today is DAY 1 of the upside run.  This should be good, and strong, for 3-5 days.

Enjoy.



Starsearcher80 wrote: The IVN chart is an absolute thing of beauty. The break is clearly defined at $6.00.  A few traders were certainly excited this morning, pushing through the level.  It did come off, but is now building again nicely.  Is there a brteak and run in there?  Absolutely to my eyes. Count me in.  A great company and a great chart.  Doesn't get much better than that!

Oh wait, it does.  I think post Covid (not long now with the Vaccines), we're going to see Governments go on an infrastructure spending binge, getting people back to work.  This should also bode extremely well for the price of copper.  The timing of this mine actually coming on line just couldn't be better!


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