Well I think most people will still be happy with an 8X. If you want higher returns then IMO you should invest in the better silver stocks to maximize your chances of that happening. But still a decent chance IVR 20x this year, I wouldn't bet against it.
I have no real estimations of how high the silver explosion will go, I base it on very conservative numbers of around $50 US average per ounce in 2022. The profitability of many Australian silver miners is extremely good past $40 AUD and risk very low so virtually anything touching silver will go up. My money will be on the biggest primary silver producer in 2022 that is relatively unknown right now but I could be wrong. It is a factor of how undervalued it is now and what stories will be written on the silver rise as the normies follow the stories not the fundamentals. Maybe IVR will be the one, hopefully for all the investors here it is.
IVR Price at posting:
6.1¢ Sentiment: Buy Disclosure: Not Held
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