Taking a long term view of the IVR chart it appears this latest round of weakness still did not close that pesky gap up on 5th Aug 2020. I was hoping it would close the other day but didn't. I expect any further weakness in the paper Ag price by those who control the game to maybe close that gap. That is of course if you think that's important. Maybe we have seen a significant support level. In broader terms it seems the Comex is continuing to be slowly drained of physical so the long wait for pressures in the silver market to drive the price higher may well play into the hands of IVR's board to deliver a significantly growth in resource from its satellite deposits. Low volumes on the daily suggest little interest for now and some tax selling may settle in. There's been a heavy volume day every now and again to suggest someone is building a stash other than our No 1 ticket holder Mr Goldy. Happy hour awaits ! GLTAH
IVR Price at posting:
5.4¢ Sentiment: Hold Disclosure: Held
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