OTCPK:IVWFF - Post by User
Post by
shimmy_yaon Aug 12, 2009 11:57am
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Post# 16212152
Last Chance to Jump in at Bargain Prices
Last Chance to Jump in at Bargain PricesWith the news release of Q2 production due tomorrow, this could be the last time to jump in sub .30 . They have over 8 million in shipped lead revenue coming in, and additional funding with the only offsetting cost being care and maintenance of the mine. On top of that, with lead prices charging ahead and with very optimistic outlooks heading into 2010, one can expect ivernia will announce the commencement of restarting the magellan mine. They're looking at a 6 month turn around to get the mine running full bore again, it looks like they will aiming to start the wheels in motion more sooner than later.
GLTA