i concur Goldy after also dredging through the archives i am confident of a few things..in order of when they are likely to happen this year..
first cab off the rank will be the potential of the upcoming soil geo-chem of the eastern half of Peterlumbo especially in terms of copper, gold, nickel, moly etc.. this overlays the porphry target
the satellite drilling that will probably start at Helen or Alexander and the potential to hit more high grade silver...
the scout drilling of either Botnella Gate or Hopcrafts Dam after heritage clearance could be a game changer due to the fact that these are 100% rights
last but not least the gravity survey of Roundabout.. this is a real longshot but with a careful process before drilling they should be able to plan a decent drill program to kick off in Q1 2014..
these are the catalysts for me short of any unforseen events
of course drilling will progress at Paris but i believe it will be immaterial to IVR share price unless they either find the silver at depth or they bring the JORC forward which i now believe will be Nov/Dec 2013..and i am revising my estimate downwards to 40-50M Oz Ag..due totally to the discontinuation of the western "sheet" to the north west..
in some ways, Paris is the reason we have a $40-50M market cap but is also the reason that the market will not speculate any further..
lots to look forward to and i won't be bagging IVR anymore im just looking at the potential of what we still have in the barrel
IVR Price at posting:
13.2¢ Sentiment: LT Buy Disclosure: Held
