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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

Post by Starsearcher80on Jun 08, 2022 11:37pm
549 Views
Post# 34742491

THE TIME TO BUY IVN

THE TIME TO BUY IVNI've followed this company for many years now,  and have always been impressed. As a technical trader, most of my activity has been short term, playing the  upside as it comes, and then leaving as the move abates.  IVN has certainly offered many opportunites in this way.

Additionally as a trader, it's a very rare moment that I choose to actualy invest in a stock.  The set of conditions has to be perfect, and the upside potential has to be THAT strong, and the risk/reward has to be tipped heavily in favour of reward, all without the market fully appreciating the opportunity that is there and just coming into view on the horizon.  And then to expect that gain all in a timeframe that is at the very most is 6 months to a year....you can begin to appreciate why investing in any stock is rare for me.

But today, after spending a couple of weeks analyzing the charts in multiple timeframes, watching the trades go through, learning about the participants in the market and understanding their activity, I made the decision that IVN now fits that rare criteria and is a strong buy.

Enjoy the upside moves everyone.  I expect them to be strong. Very quickly, this company is going to move fully into the limelight, not just hoping to be world class, but in fact becoming world class and a true industry leader.  Well done RF.  
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