I can't understand why IVR's MC and SP continues to rise dramatically while BML drops. IVR is now double it's MC about a month ago, while BML remains just above 1/2 it's pre consolidation price and has only risen about 20% from it's all time low.
There are VERY knowledgeable people here (some with investments in both BML and IVR) who claim that BML is the superior exploration company by a long way, but it seems the entire market is in disagreement. The MC of IVR is presently more than double that of BML. Why? What do our friends here know of which the entire market seems to be unaware?
I wish i knew the answer or that someone could tell me why everyone else is wrong. There is an excellent chart that has been posted on here at least 6 times in the last few months showing why BML is the best (not just better than IVR) and that chart has been mirrored in reverse with reductions in MC or piddly increases. I'm of the opinion that BML will begin to improve in the not too distant future and may even catch up to the MC of IVR, but there's no sign from the market of that happening.
Love to have others' opinions. Cheers
IVR Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
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