One thing is for sure imo, the biggest percentage gains in this precious metals bull market will not be made in the large cap producers or even the middle cap producers, even though their profits will soar.
The biggest percentage gains will be made in the junior explorers that discover a huge precious metals resource.
IVR is well on the way to proving that imo, and as the silver price rises and the equity market for precious metals stocks heats up, we should see fabulous gains from a stock like IVR.
Need I remind folks that precious metals equities have been so irrationally sold off this year that compared to precious metals prices stocks were trading at 2008 GFC financial panic lows!! This gives us an indication of the potential upside just to reach "normal" valuations.
If you haven't already done so, this is an excellent read about how irrationally low precious metals stocks were sold off this year. The article also refutes the mainstream media spin used to justify this sell off that rising costs are outstripping profits. (Just look at NCM - huge record profits.) http://news.goldseek.com/Zealllc/1347033881.php
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Last
3.9¢ |
Change
-0.002(4.88%) |
Mkt cap ! $61.96M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $44.78K | 1.155M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 189223 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 612567 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 159223 | 0.038 |
5 | 390000 | 0.037 |
7 | 851555 | 0.036 |
6 | 1072500 | 0.035 |
2 | 443707 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 612567 | 2 |
0.040 | 570305 | 6 |
0.041 | 400000 | 1 |
0.042 | 345314 | 2 |
0.043 | 640000 | 3 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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