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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 Sep 23, 2019 1:42pm
318 Views
Post# 30155481

RE:RE:Another leg down for the 'ho

RE:RE:Another leg down for the 'hoTops,

This hasn’t happened to me just once. It’s an experience I’ve had time and again. There were many occasions when my own due diligence told me a company was far more valuable than a thinly traded market suggests. I’m not saying charts have no use. They are very useful to decide when to buy, sell, or hold. But they can’t tell you if a business is actually a going concern. I’ve seen mining stocks defy gravity and trade at high valuations despite the fact fundamentals dictate they’re obviously marginal or completely unprofitable.

Charts are not based on logic or reason. They only follow investor sentiment. In my experience, perform due diligence to decide where a company is headed, and then use charts to decide entry and exit points. However, it gets complicated for companies like IVN, which eventually become takeover targets. When the offer finally arrives, there is usually no indication through charts. One day no one wants it, very light volume for months. The next everyone is piling on the bandwagon. And if you’re on the outside looking in, it’s very hard to swallow you must pay double or triple for something on your watchlist you could have bought for much less yesterday. In these markets it’s hard to maintain trading discipline, even for someone like myself, who knows how to perform detailed financial analysis. It’s easy to get frustrated. We’re like polar bears sitting patiently for hours by an air hole in the ice, waiting for the fleeting appearance of a tasty seal. 




Bullboard Posts