IVR 3.19% 4.6¢ investigator resources ltd

comparison with sir

  1. 30,924 Posts.
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    johno247 got us a bit puzzled with his comment that "nickel is worth about 150 times more than silver..", which he later qualified thus:

    "I'm talking about the amount of 1m of 1g/t of silver to the equivilant to 1m of 1% Nickel.

    It takes a heck of a lot of silver to equal what SIR's drill hits are worth per metre."

    I'd already worked out the metre.gms for IVR, so it was fairly easy to do the metre.% for SIR's Ni.

    IVR's m.gm for 96 holes is 276,631 (there are more holes than this but I didn't bother with the small ones).
    SIR's m.% for 26 holes is 844, so multiply that by johno247's 150 and you get 126,600.

    So at the moment IVR is 118% better than SIR,

    Yes, SIR has Cu and Co, IVR has Pb (up to 27%) and Zn.
    SIR has unexplored areas. IVR has four other areas very similar to Paris based on soil samples.
    SIR has other tenements unexplored. IVR has other tenements where drilling has already revealed IOCG and Cu targets.

    Many things are different between the two, but based on johno's criterion IVR is well ahead.

    Now all we need is for the SP to catch up!
 
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