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Bullboard - Stock Discussion Forum 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... see more

TSX:IVN - Post Discussion

Ivanhoe Mines Ltd > IVN over 25% decline from $10.30 range weeks ago...
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Post by PistolTuco on Jun 22, 2022 9:53am

IVN over 25% decline from $10.30 range weeks ago...

today is not the day to sell imo - but there sure seems to be alot of sell orders....shorts perhaps but they'll be covering soon....
Comment by SAM1492 on Jun 22, 2022 9:56am
I hope your right... this decline is brutal $2 downs in less them 2 weeks.... are people that scared out there they are selling off at massive losses...
Comment by gisellekronk on Jun 22, 2022 10:26am
people may not be selling off , at massive losses . i am not selling , but my cost is $4.25 . people could be selling because they are getting margin calls and when that happens , they just sell to raise cash 
Comment by PistolTuco on Jun 22, 2022 10:31am
Well i believe in IVN and the need for metals is not going away.  I have a nice position now and will hold for LT!
Comment by SAM1492 on Jun 22, 2022 10:32am
From 2 weeks ago at 10.30 to 7.85 I'd say some have taken losses. It 1 year lows seems a great time to buy :)
Comment by gisellekronk on Jun 22, 2022 10:39am
even better time to sell naked puts 
Comment by PistolTuco on Jun 22, 2022 10:41am
agreed - i'm loaded up now and left some powder dry in case of more dips....TSX seems to be recovering as well and the US index's are now green.  I think the 7.7% inflation monthly increase plastered on BNN and Bloomberg freaked the market into an over reation - IMO
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