IMHO i agree but the market does not.. for some reason, the market chooses to completely ignore the fact that as far as jorc compliant maiden resources go, IVR have a relatively good one.. the challenge is to at least double the resource in the quickest possible time..
unfortunately, with the amount of shares on issue, even with IVRs lowly share price, we are at a vunerable market cap of some $20M.. there can be further downside
Alex east needs to hit medium to high grade silver to arrest the decline.. IMHO there is a good chance that this could happen and if so, Paris dimensions could increase dramatically.. this is what we need
Hector is a total wild card and a hugely risky foray for IVR to take with investor funds when one could argue that Alex main and Hector funds should have gone straight back into Paris drilling.. anyway thats history now, we deal with what we have got
i think it should be this week for alex east
IVR Price at posting:
5.9¢ Sentiment: LT Buy Disclosure: Held
