Spikes in Gold and Silver resulting from black swan events like the Iran missile strike and now the Coronavirus don't do anything for sustainable valuation metrics in PM's. We need a rerate based on economic fundamentals (which are there right now !!!!) not the fear trade because it doesn't last. Its a short term shot of adrenaline but for us combined with the current drilling program any news is good news I guess.
IVR Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
