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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 VentureTrader1on Feb 02, 2018 4:57pm
129 Views
Post# 27493641

RE:RE:RE:RE:RE:CIBC will buy 10,000 shares at the close

RE:RE:RE:RE:RE:CIBC will buy 10,000 shares at the closeThis is just a classic Canadian market squeeze play. Our toy markets are prime candidates for manipulation, so this happens all the time. If there was REAL trouble the price wouldn't have held between 4 and 5 for a year. But a broad selloff coupled with some incidental country-risk news is a perfect excuse to attack and flush out the retail trade and the margined holders. It was easy to see this coming, and it's easy to see where it's going. Still think we'll get 2.50 - 2.80, but I also think 3.10ish is a pretty good price (bet 3.50's not feeling so great right now, but it probably won't take long for it to actually be a pretty good price too). That said, of course everything could go south - but probably not.
Bullboard Posts

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