Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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.

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Ivanhoe Mines Ltd > A good entry point?

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Comment by DoubleDoubleUpon Apr 24, 2024 1:23pm

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Post# 36005431

RE:RE:A good entry point?

Helios wrote: I know. I have about 20,000 shares and like to trade 5000 or so just to keep me busy.

I had done it a few times when IVN was between $1 and $2. I made some profit at that time, however, I wasn't able to buy low and sell high every time because the price moved higher after I sold. The swing trade made my average cost higher than if I just hold and never trade.

I still do swing trade today, but not for stocks I want to hold for long time like IVN.

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