First the pause... IVR still has silver in the ground - less than expected, and hopefully the sp will re-disover itself, even with a CR. The game is still the same. There will be demand for Silver - you could even say it is anti--fragile (goes up on economic downturn OR upturn (industrial use))
A Pat on the Back... If you're still in the game, even after all the b.s. (local tip sheets downgrades, international gold and silver manipulation ) then you're doing OK. Hang in there.
Back into Bat... This is not over. OK, if you jumped ship sure you can buy back in on the next dip. But the fundamentals are the same, it's just expectation in the short term took a cricket bat to the head. Long term expectations are now lower - but in a world of massive uncertainty (QE etc) you don"t know the upside of a speculative stock when the tide turns.
IVR Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held
