IVR 7.55% 4.9¢ investigator resources ltd

$1 billion for $21 million

  1. 119 Posts.
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    One to put away in the back draw for a few years this one.

    If you think about it, 33 million ounce resource of silver (probably more) so if silver in AUD just reaches $31 per ounce over the next few years (very possible), that's $1 billion worth of silver in the ground for a market cap of $21 million.

    Not the most comprehensive analysis I know but an interesting case for the company deserving a higher SP. Some great grades in the latest drill too
 
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