Ivanhoe Mines Ltd. T.IVN

Huge Volume

[AlwaysLong683]

Copper down 2.69%

IVN down 9.51% on huge volume (12.3M shares traded vs. 3-month average volume of 2.5M shares) after their earnings release.

Down more than the market and the price of copper on their last earnings release as well. Under-delivering with a market cap of over 23B. Overpriced given the capex still needed to be spent and only partial ownership of their projects...? Weather, power grid, third-world county with massive poverty, etc. Who sold at $20....?

[Kamaaina]

 We all knew a significant pull back was coming after this huge runup.  I thought about selling some a few days ago but decided against it as I believe it still has room to run.  I bought in 2016 at $1.38 per share USD and am not worried about my investment.  I believe that RF, Marna, and crew will continue to manage it well and will overcome the challenges that present

[bogfit]

" Weather, power grid, third-world county with massive poverty,..."   Are exactly the consequences of climate change that WILL prove problematic in the next few months ahead.  I haven’t enough interest in Ivanhoe’s particular situation to do a reasonable examination of their electricity requirements and the supply/demand upon regional electric companies, etc.  I did note