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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 guarantor1on May 17, 2024 8:49am
323 Views
Post# 36045035

Heard that Copper stocks being shorted big time

Heard that Copper stocks being shorted big timeBecause Shorts are betting that Copper stocks are over reacting to the artificially high Comex CU price.
That everyone knows is due to the specific Comex short squeeze..yadda, yadda.

What happens if the Comex price only drops a bit, and the rest of the world's CU price edges up close to Comex's price ? And CU stocks don't drop  ?

Looks like the CU copper stock shorts could get squuezed big time, eh ?

And IVN has news coming, that could really burn Shorts all the more
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