Ivanhoe Mines Ltd (IVN)

[nowwhat2]

That's good to know ! Thanks very much. Appreciate it. Cheers !




Only thing is : The Big Boys have been selling off like crazy and feature quite similar charts....



5 months earlier :






BHP today :

1 month earlier (now at 54)





Meanwhile, THIS is The Great Conundrum :
If the S&P starts to "correct" and pull back from here (possibly even "crash").....
The decline in these producers may not be over YET !




If the S&P corrects, this Ivanhoe $8 wouldn't hold !....
Why, it'd probably drop down to around 7 or even 6 !





The S&P simply NEEDS to keep on climbing / A Global Risk-On Environment will have to persist !


Am not ruling that out : Have got targets in sight :

Shanghai Chinas' Red Line is one





Japans' 40,000, another ;

July 2020


1 year later....It's been well on its' way !




The whole thing's a clusterF&*k - That's all I can say....


Am probably just gonna have to TRUST that they'll pull it all off.



So, thanks once AGAIN for your timely Ivanhoe info.....


Guess I'll just have to buy it (some) with a protective stop loss in !
And/or maybe perhaps do some hedging with some options ?






Anyways, EXCITING TIMES !.....Closed on Friday at 444