OTCPK:IVWFF - Post by User
Post by
99921on Oct 27, 2006 10:55am
396 Views
Post# 11567286
Gut
Gut
Here are a couple of quotes from posts written by Coach247 earlier in October. He summed it up well and the picture seems to be unfolding the way he predicted it would.
"It was one bad quarter, and management has learned from it and put in place improvements to build greater production stability going forward. The growth targets for the company have been delayed a few months which is also no big deal over the longer term outlook. Claims regarding the death of the base metals boom are wildly exagerated.
On the longer term chart, all of this drama will amount to just a blip. The company still has hurdles to achieve in the next few quarters, and there could be more surprises to come, but the bottom line is they are operating in a position of fundamental strength and the growth objectives are sustainable. Its a question of 'when' in other words, and not 'if' they can achieve their goals.
Higher lead prices will backstop the financial performance for IVW. It may take a quarter to establish that the company is making money, but the market will eventually pay attention. This company is a value play and a growth story. Once people understand that the metals are not going to go away, and that IVW has the train back on the rails, I would not at all be surprised to see new highs reached for the stock."