INV Metals Inc. T.INV

Nice Opportunity here...

[frances1]

Nice opportunity here if the concession and mining laws are upheld and not swayed by the Prefect of Azuay. Wish we had a bit more confidence in the ability of the INV team to execute on their plan to bring this resource into production. Lundin Gold down the road trading at $2.5B, a third more production and a longer mine life but certainly a good bench mark on value in Ecuador when you get the permits. Looking for a takeover of Lumina Gold as well, that might help INV considering it is a billion dollar capex that a major would have to take on. I guess just a little patience over the next couple months to submit the EIS and then financing.

[frances1]

What would the odds be of selling the company to Lundin? Thinking triple this share price does well for the INV folks and defintiely gives the Lundin company a great addition to their production profile. Where can you get 200,000 ounces of production for $450M which would pay for the capex and the shares of INV. I don't believe their operation is very far from Loma.

[kojack1]

TORONTO, Sept. 02, 2020 (GLOBE NEWSWIRE) -- INV Metals (“INV Metals” or the “Company”) (TSX:INV) provides an update on the Loma Larga gold-silver-copper project (“Loma Larga”), located in Ecuador.  On September 1, 2020, the Council of the City of Cuenca approved a referendum application for submission and consideration to the Ecuadorian Constitutional Court (the “Constitutional Court