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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

Post by guarantor1on May 17, 2024 8:49am
290 Views
Post# 36045035

Heard that Copper stocks being shorted big time

Heard that Copper stocks being shorted big timeBecause Shorts are betting that Copper stocks are over reacting to the artificially high Comex CU price.
That everyone knows is due to the specific Comex short squeeze..yadda, yadda.

What happens if the Comex price only drops a bit, and the rest of the world's CU price edges up close to Comex's price ? And CU stocks don't drop  ?

Looks like the CU copper stock shorts could get squuezed big time, eh ?

And IVN has news coming, that could really burn Shorts all the more
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