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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 bloomfield18on Feb 10, 2018 4:29pm
263 Views
Post# 27539477

Fire Sale Failed to Budge Most Shareholders

Fire Sale Failed to Budge Most ShareholdersOnly 8.8% of the 618.6 million share float traded since Jan 31, the day the new mining law was announced. That does not include Friday volume, which saw a reversal. And of that 8.8%, many would have been professional active traders or programs, slicing pennies, executing dozens of short term trades each day. Only one poster here said they sold. Everyone else either held or considered adding to their position once equilibrium support became evident. Lots of last minute buyers on Friday. If the objective was to stampede shareholders into capitulation, and I can't know for sure if that was the intention, then it mostly failed.
Bullboard Posts