A few questions to ponder.You ever wondered, when RF says he's not just doing this (IVN) for the money, but to make it "one for the record books" whether he plans to be at the helm? I think he does.
I think he wants to stay with IVN, to achieve exactly that. He already has enough money, and worldwide recognition as one of the best in his game. The final chapter, the last piece of his life achievement puzzle, would be to have the record book validate the accolade he has earned.
When he talks about the plethera of available finance at an affordable cost, does he plan, or even need to sell any of the mines?
He needs comparatively little money to get all the mines operating. With them all operating, at a large volume, he may well get into the record books. Isn't that what he's saying in the last conference call?
He wouldn't have mentioned the record book bit as a throw away comment, or just a sales promotion tactic. He simply isn't like that.
Plus, he previously talked about selling one of the mines "to pay for the other kids to go to college" but that was before the recent, and in his own words, game changer discovery, before the unsolicited interest that gave him greater publicity and easier access to a wider selection of funding.
Does he need more partners? or just a sensible rate loan or two over the next few years, as one mine after another come on line, each generating profit that can sequentially repay the loans?
At what share price might IVN be when it gets into the record books? $10.00 - $20.00 - $30.00 .... I think more.
With an unknown amount of resource still to be discovered, truth is, no one can say for sure what the highest the share price will be, only that at its current price, and even several dollars higher, IVN remains an outstanding bargain.
Could these points be part of why Rick Rule thinks this is the best opportunity of his lifetime? Why he has made the biggest personal investment of his 64 years on this earth, in IVN? Actually the potential of IVN has increased, and is increasing, and this is AFTER RR made those comments.... think about that for a minute.
Are these factors becomming more widely known and understood? Is this why the share price is rising so strongly? Shouldn't the technical share price analysis be put aside, replaced with logic?
Good luck day trading this one, was my thought as I read several of the posts on here.
The share price has a long way still to rise, a remarkably long way in my opinion.