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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 Jun 06, 2018 7:47pm
159 Views
Post# 28136288

RE:RE:RE:RE:RE:This is how inneficiant the market is at times.

RE:RE:RE:RE:RE:This is how inneficiant the market is at times.That's true VT. The story here is compelling. It could move up to 5 or 6 in a day or two in the event of positive news. Shorts get clobbered trying to cover. At 42% short by number of trades, it's as if a catapult were drawn all the way back. I remember that's precisely what happened at Oyu Tolgoi in a previous incarnation of IVN. Counting RF out is usually a bad bet. On top of that, you have buyers rushing in. If you're out, it's hard to buy at 5, when you know you could of had it easily for $2.75. You hope it pulls back. Instead it goes the other way. I've also experienced that many times on some truly big plays. Then you feel terrible. You probably shouldn't, but for some reason lost opportunities sting more, then when a company tanks. So, risk cuts both ways. Holding IVN is risky, but so is not holding it. That's not advice to buy. Everyone needs to evaluate their own tolerance for risk.
Bullboard Posts