Agree, IVR are overpriced compared to most of their peers,...

Agree, IVR are overpriced compared to most of their peers, especially when compared to ARD. The one thing IVR has going for it is that its resource is 90% silver, so has the greatest upside of any of its peers once silver begins to outperform the other metals. I hold some because of this. I expect low $40 silver in the coming months which is the projected target for the completion of this wave 3 move. The chart below shows an orange resistance line which shows the EW target projected from the wave 1 high. There is also a coloured target zone that is also an EW target projection for wave 3 using Fibonacci extension. The purple line in the middle of this zone is my minimum expectation which more or less coincides with the orange resistance line.

On the spreadsheet I run comparing all peers, IVR's inground metal value per ton of ore mined is currently about 27% lower than BMLs value, but at $50 silver, because BML only has 30% of its resource in silver compared to IVRs 90%, both metal values per ton are the same. I suspect IVR will get some of its mojo back on any breakout above $33 in Ag. A bullish DFS would be very helpful also. The weekly 10ma is just about to cross the 20ma and once we get this cross the bullish technicals for silver will be confirmed. Price is sitting well above the 10ma.