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Inventus Mining Corp V.IVS

Alternate Symbol(s):  GNGXF

Inventus Mining Corp. is a Canada-based exploration company focused on the development of its gold and critical metals projects located east of the world class mining district of Sudbury, Ontario. The Company holds two 100% owned projects, Pardo Gold and Sudbury 2.0 Polymetallic Gold. The Pardo Paleoplacer Gold Project is located in Ontario, Canada, approximately 65 kilometers (km) northeast of the mining district of Sudbury. The Pardo Project consists of a 3.8 square kilometers (km2) block of mineral leases and 180 km2 of mineral claims covering the target paleoplacer geology. The Sudbury 2.0 Project is located east-northeast of Sudbury, Ontario. The property is accessible by road. The Sudbury 2.0 project consists of 240 km2 of mineral claims covering the Temagami Anomaly. It owns a 100% interest in the property. In addition, the Company, through Conquest Resources, holds claims to the east of the Sudbury 2.0 Project Area.


TSXV:IVS - Post by User

Bullboard Posts
Post by AlphaMineron Mar 03, 2016 3:13pm
134 Views
Post# 24618904

Property has only one worldwide comparable:

Property has only one worldwide comparable:NOVO Resources is the only property in the world that has this type of property. They trade at .85 and are in the same position as IVS. They will be doing bulk samples just like IVS is going to do. When these samples are done this mine will SELF FINANCE and truck out gold. Sprott is footing the bill here and they have deep pockets. I suspect the market is going to reevaluate this to the mid .20s near term. NOVO approached their property in a different way and the WRONG way and thus essentially wasted millions. IVS is lean and cost sensitive. With Sprott footing the bill this mine shows HUGE upside. Paper thin on the ask and this thing is going to move FAST.
Bullboard Posts