Wouldn't take too much notice of the PM prices at this stage....

Wouldn't take too much notice of the PM prices at this stage. Long term holders know this one will be producing into much higher US dollar silver prices and a much lower Aussie dollar environment.

Without sounding too much like a blatant ramp, the spring is coiled because:

1. News flow about to begin in earnest importantly confirming the geological detective work has been correct to delineate a major cluster of deposits (dare I say a major new field).
2. Very few punters on board because the low volume creep was ignored by daytraders.
3. We have seen some spectacular SP explosions on the back of nickel and copper finds but silver is a unique commodity with a very challenged production outlook from a global reserve perspective. This story has been taken up by investors with a very discerning taste for this set of fundamentals. ie silverbugs who have not lost sight of the fundamentals of industrial and investor demand for an element predicted to be the first to become extinct.
4. The attention of larger players in inevitable with the mineralisations the IVR team are digesting and showing the market.
5. Possibly not a lot of volume left in trader land, particularly if JA does not fail to deliver on expectations.

Good luck.