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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
Post by VentureTrader1on Feb 02, 2018 6:38pm
100 Views
Post# 27494229

Comparison links

Comparison linksArgonaut gold - January 2016 https://stockcharts.com/h-sc/ui?s=AR.TO&p=D&st=2015-02-02&en=2016-03-01&id=p46775723142 B2 Gold January 2016 https://stockcharts.com/h-sc/ui?s=BTO.TO&p=D&st=2015-02-02&en=2016-03-01&id=p70715935395 I'm not saying this is what's GOING to happen, but it's a likely scenario. You should also look at the rest of the charts and see what happened into July 2016. You can see the capitulations came suddenly, and ran over around 2 weeks. And that the entire capitulation move was recovered almost as quickly. In both cases the moves 'came out of nowhere, for no reason'. I'd say this move's probably about 1/3 done in time, and about 2/3 done in price. Copper's early in a bull market, commodities are early in a bull market. Analysts prices being utter nonsense, they're still low now compared to what they'll be in 2 years. Eg, let's say they're valuing based on book - right now IVN price is 1.8x book, and analysts either think 'that's fair' or 'that's rich' or 'should be 3x book. But when the bull's in full swing they'll be saying 'fair value is 8x book' or 10x book or whatever nonsense makes them feel good about their price estimates. The important thing is that as long as commodities are in a bull market, this is almost certainly a fake move. But selling now (as opposed to a week ago) it's really hard to buy back. That's the intention, that's why they pull stunts like this (and I suppose it's probably fun if your a sociopath). Have fun sociopaths (not all of you, but certainly some of you).
Bullboard Posts