Have a look at the grades in the latest presentation. Then check some of the assays from previous reports. Neither of those two companies have grades anything like IVR. Actually, I've never seen 2.25% silver anywhere before. I thought Bolnisi Gold was doing well with 13,500g/T! But IVR outdo them.
And the mineralisation is over a wide area, perhaps 600m by 1.4km. Plenty of thick veins (5 to 12m) grading above 650g/T. Then there are 4 other areas nearby of similar size with similar soil anomalies ...
Of the two producers, although they are in production they have yet to prove profitability.
This could reach $1 on the JORC, which depends on the results of 25 cores yet to be assayed. JORC expected before Xmas.
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