info...., page-29

lets not forget where it all started.. excerpt from initial discovery announcement about Paris..

" and shallow intersections of high grade silver and lead in adjacent vertical drill holes
- 29m @ 155 g/t silver (Ag) & 2.5% lead (Pb) from 3m to bottom of hole (BOH)
including 11m @ 84.5 g/t Ag, 0.45 g/t gold (Au), 6.6% Pb from 21m to BOH
- 37m @ 91 g/t Ag from 39m to BOH
including 12m @ 252 g/t Ag 0.58% Pb from 42m
- 46m @ 52.2 g/t Ag from 9m to BOH
including 12m @ 141 g/t Ag, 0.38 g/t Au & 9.3% Pb from 33m
? Numerous other shallow regolith intersections indicate a primary target zone 150m in width and at least 400m long in underlying fresh bedrock "

this was all before we hit all the high grade - narrow intersections all over Paris

to put things in perspective, we often overlook the fact that these intitial results are in themselves, comparable in width and grade, to so called "high-grade" results elswhere..

doing a scan of top 20 notices over the past three years makes it clear that the top 5 excluding CITIC hold approx 48M shares or 15% of the register and would have little if any loyalty to IVR..

very easy for any of these players to manipulate..

It used to be simple, with CITIC and Talbot(long term investors) dominating, each holding approx 15% and the rest mere mortals in the top 20 with 1-2% each.

Now we have a highly congested top 5 with large holdings on behalf of who we don't know.

Makes you wonder where we would be know had Talbot not exited after the untimely passing of Ken Talbot.

Can anyone shed any light on who the following would be acting on behalf of?

Citicorp nominees
JP Morgan Nominees
HSBC Custody Nominees
Sell Power Pty Ltd

Further more, of interest to me especially since I am a long term holder of ADN, is the appearance of "Peninsula Resources Pty Ltd" in the latest IVR top 20, ranked 16 with 2,400,000 shares. Peninsular is a wholly owned subsidiary of ADN, Adelaide Resources.. who they do have a JV with on the Yalanda Uranium venture..