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Ivernia Inc IVWFF

"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

Bullboard Posts
Comment by ElJon Jan 09, 2009 12:37pm
238 Views
Post# 15694194

RE: I stumbled on to this last night

RE: I stumbled on to this last nightThe first revenue from Lead product for Ivernia in 2009 will come from shipping the concentrate currently in storage at Esperance........ bagged with the portable equipment and shipped in the containers for which special arrangements have had to be made, since Esperance does not normally handle these type of containers.  I anticipate this "clean-out" activity to be completed by the end of April 2009.
I believe that this successful action is a pre-requisite to authorization for shipping permission through Fremantle from re-commencement of concentrate processing from the mine. In our difficult global business circumstances, the recent sub $0.10 share price was an excellent risk/reward opportunity investment IMHO, considering all the past couple of years history and the new Western Australia Government orientation to the mining and mineral processing business. Ivernia costs will be significantly higher than at this time 2 years ago, 
Peace,
Good Decision-making to All,
ElJ
Bullboard Posts