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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 bloomfield18on Feb 04, 2018 3:35pm
162 Views
Post# 27499873

RE:RE:RE:In 2 Months KAT up 36% IVN down 31%

RE:RE:RE:In 2 Months KAT up 36% IVN down 31%Rakzol,

We don't know who is doing this. It could be anyone. If it were the Chinese, and I'm definitely not saying it is, they wouldn't have to sell their shares. They would probably operate multiple accounts. And you don't need to open a large short position. It's would be far more desirable to control the price action. In a thinly traded market, a team of operators with plausible deniability could buy and sell to each other, easily walking share price downstairs step by step into the basement. Try to prove collusion. If they're good at what they do, good luck with that. That's why everything seems normal when you look at the bimonthly short report. Right now, it's only 1.6% of the float. This leaves the impression IVN must be falling due to weak fundamentals, when the opposite is actually true. IVN is falling because of very strong fundamentals.

We can't see it, because we don't think like criminals. Everything appears normal, even as IVN faces a withering attack. This has the added advantage of not building up a disproportionate short position. That would open them up to a short squeeze. No danger of that here. A short position of 1.6% of float is fairly normal. Some would even consider it low. 

Like I said, anyone could be causing our grief. It could even be someone very close to the Company. Now that is a scary thought.


Bullboard Posts