IVR 0.00% 4.8¢ investigator resources ltd

very quick downward sp this morning, page-14

  1. 6,304 Posts.
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    debarwa

    agreed it's questionable however they do have some ground for justification in that they have a model evolving at Paris that can guide their drill bit..

    the problem with going in first with the diamond is that it's now all or nothing... for the market, nothing less than high grade silver will be acceptable.. whereas going in with a wide spaced aircore program (which they re doing as well) first means that you can get away with trace to medium grade results..

    i think this is the first time IVR have mobilised diamond drilling to kick off a campaign at a new target.. they must be reasonably confident in which case it's a calculated risk... that's what it's all about

    at the end of the day, we can't afford to lose momentum here so I'm happy that the campaign is moving on to the other targets and hopefully by the end of Sept we have an idea of what we have, whether that be Paris +1 or +2. Hopefully the latter



 
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