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Ivernia Inc IVWFF

Metals & Mining Industrial Metals & Minerals
"LeadFX Inc is a Canada based mining company. It is focused on the development of lead-silver projects. The company owns an interest in Paroo Station mine, a lead carbonate mine in Western Australia. Paroo Station mine is the company's principal asset and production stage mineral property. It produces one product, which is lead carbonate concentrate for sale to primary and secondary smelters located in China, Europe, and North America. In addition, the company through its subsidiaries also owns


OTCPK:IVWFF - Post by User

Ivernia Inc
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Comment by stubbson Feb 09, 2012 6:23pm
312 Views
Post# 19512496

RE: Speculating on 2 outcomes IMO...

RE: Speculating on 2 outcomes IMO...

well its possible for a takeover but unlikely...especially at your suggested 20-25 cents. if we had a $260mil (approx) market cap when we were up and running that would equate to about .30 per share now with the dilution. We have also seen I believe about a 40% increase in probable/proven resource with last years work. I would expect we are going to get the green light soon and when that happens i will be surprised if we don't shoot up to .18-.22 immediately. Then with time (3-6months)why wouldn't we see .35 to .40 with about 780 mill (approx)shares outstanding. Correct me if Im wrong

Stubbs

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities