RE:6.8 million shares traded todayI am in no way knocking Ivanhoe; it' stellar and would continue to be so.
However, you may want to consider that this most recent share price move upward and the daily traded shares volume which is associated with having created shuch a movement upward, may have something to do with Institutional money managers taking a proportionate amount their money off the table (profiting whilst necessarily derisking); whilst ensuring to cycle their respective client monies into assuming their perhaps more temporarily risk bearing portions of Ivanhoe shares.
I am not suggesting this is in fact what has happened and would continue to occur.
I am simply speculating the forestated is in part what has happened closer to the end of the regular market trading hours today and perhaps presently during the after market trading hours for other equities issuers as well.
Again, if you are going to be "head faked" into a position anywhere within the mining sector and be made to hold during a perhaps more "risk off" and interim correcting equities market environment, i..e should "a head fake" be what is actually unfolding before the Bank of Canada raising interest rates anywhere form half to a full percentage point during this coming Wednesday, you could do a heck of a lot worse than to be "headfaked" into taking up any equities exposure to Ivanhoe Mines Limited during this interim period.
I'll emphasize that Ivanhoe Mines Limited is a fantastik performer and I've always maintained my near term $15.00 price projection. I've stated and continually maintained said price projection; I've done so much earlier than any mining equities analyst and/or anybody posting here at this bulletin board had ever publicly disseminated a $15.00 Ivanhoe share price projection.
Ivanhoe Long and Strong
Onward and Upward IVANHOE!