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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 06, 2019 3:08pm
193 Views
Post# 29327942

RE:This is awesome but will our gains hold?

RE:This is awesome but will our gains hold?What do you mean Our Gains, Newbie. You sold most of your position last September. That means you received between $2.25 and $2.60 a share. Of course, now you don’t want to play catch up at nearly a dollar higher. Hence the negative messaging, Will It Hold? It’s much more challenging to predict market moves by technical indicators in a lightly traded market. Just a few players or even one, may be determining share price over the short term. However, it’s hard to control long term trends based on underlying fundamentals. That’s why it makes more sense to hold a comfortable core position, and then if you’re inclined to day trade, play with other money. Otherwise, you can wake up one day and realize an opportunity has left you behind in the dust. Something this good couldn’t stay at $2.50 forever.
Bullboard Posts