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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 stockman6767on Dec 08, 2015 11:04am
110 Views
Post# 24364956

RE:RE:People are nuts!!

RE:RE:People are nuts!!It looks like there is one very big iceberg seller at 66 cents that keeps supplying the "Ask" at 66 cents a few thousand shares at a time as buyers buy them up. How many shares does he intend to dump on the market - only he knows. I can not fathom WHY on Earth he would be doing this - but he is! At the moment the "Bid" is 115,000 shares @ 65 cents and a bid of 1,000 shares @ 66 cents. what an imbalance but it does not push the share price up because the seller keeps dumping more  shares unto the "Ask" as they are bought. It will stay here until that seller can't or won't sell more shares. MY question is WHY?
Bullboard Posts