Its an interesting conundrum we face as holders of a silver explorer going into a rise in Ag prices due to paper market stresses or collapse. Yes we could theoretically benefit by higher Ag prices if IVR was tied to the silver price ( it isn't) but the wider market is in a downturn and this could accelerate into a deep correction or crash where mining explorer minnows are marked down heavily. In these times finance to build a mine becomes more difficult and costly in interest premiums. Its been talked on this forum that a much higher silver price in two years time may make IVR's SP look rosy. I'd counter more cap raises to keep the lights on in a recession leads to significant dilution that could cancel out any gains. This is IVR's double edged sword. We await.
IVR Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
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