there is no mystery to what is happening with IVR, it's just a...

there is no mystery to what is happening with IVR, it's just a case of the steady achievement of several key milestones and weight of evidence in terms of potential world class deposits..

don't forget that the IVR share price was in steady decline, ever since they announced the JORC for Paris would be delayed due to complex geology and then raised $15M @ 0.18, which many of us later viewed as a master stroke, considering that the share price has been as low as 0.09 earlier this year..

nevertheless, what i have been saying for at least six months or more, is that regardless of the share price, IVR have been steadily ticking boxes, such as heritage clearances, wide spaced and then close spaced soil geo chem at Peterlumbo and elswhere, magnetic survey at roundabout, increasing the rigs drilling at Paris.. etc etc. None of which has had a significant impact on the share price and most of which has been completely ignored by all but a few dedicated posters..

the key is that even without any spectacular drill results (recently - although there are some tasty assays pending), the sheer weight of evidence is growing with each small achievement, pointing towards either a) another significant discovery at any one of a number of other targets and or b) more super high grade assays out of Paris and or c) the discovery of a breccia style poly metallic vent/ feeder through the middle of Paris..

not to mention, they had at least $12.5M in hand at Mar 31 so considering they have 25% of costs at Paris covered by Mega HIndmarsh, i estimate that end of June there should be at least $7-8M in the kitty.. so a cap raise (around October) with a much stronger share price would not be out of the question and would also be only moderately dilutive..

As always, nothing in this game is guaranteed, but the weight of evidence is stacked well and truly in IVRs favour at the moment..

looking good IMHO