Early last year we had a target of 12/14 dollars and , not surprisingly we have gone well beyond that. However it looks like a good sell right now.

This thing is very big  so the ultimate high may be a lot higher, however for the next few months or more the downside is more likely.

IVN traded at a high of about $8.50, as it was bought at $6 we have more than the 30% increase. I am not recommending selling  ($12 is the target) but I do need some agreed format to calculate the return of these recommendations. So for that purpose we are out.

This thing is so big that once it is in  production you will not be able to give the stuff (copper, mostly) away. Be patient as $12 is on the horizon.

Ivanhoe, a huge copper  mother lode in the middle of nowhere in China, “discovered “ by the same fellow that did Voisey Bay. It is already well off the lows. Here is what it may do; Eli Lilly did this back in 2000.

If it does it again, it will be a double. Wait for a pullback before taking the dive. Use options to limit risk.

By the way, you should be out of GE and RY.