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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 Sugareeon Sep 24, 2021 11:17am
227 Views
Post# 33913913

RE:RE:RE:Very low volume

RE:RE:RE:Very low volumeThis low volume is very telling. Short sellers have run out of worthwhile sized stop loss limit sell orders to hit. They can actually run a stock down and cover shorted shares at the same time when retailers foolishly use stop loss orders. 

I believe they have summised the risk/reward to continue driving the price down is no longer worth it. We may hover here for a few days, and then there should be a good snap back up.

Never, ever use stop loss limit orders, hedge funds see these orders and steal your shares.
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