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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

Comment by 1studenton Sep 17, 2021 11:46am
164 Views
Post# 33877565

RE:Opinions on 'Tripple Witching' taking place today

RE:Opinions on 'Tripple Witching' taking place todayIt's known that when index options and generally equities options traders are caught offside and must cover their soon to be outstanding margin calls, all kinds of stock speciifc turbulence can occur.

When your margin account is called you for whatever reason, you sell whatever equities which you have been making a great return on thus far, e.g IVN.

As pertains to IVN specifically, you can bet that all these options traders who were caught offside due to the expirey of index options and equities options in general today, have had to quickly dump their Ivanhoe shares in order to make the margin calls resulting from such options traders being caught offside on their respective options trades.
Now you know why IVN share price is being made to tank today, 'Tripple Witching' day.

You can thank me later.
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