OTCPK:IVWFF - Post by User
Post by
99921on Jan 26, 2009 12:46pm
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Post# 15729100
Future
FutureOverall I think IVW is a positive investment if held for a year or so as Toe has said. There appears to be very little interest in the stock right now as with most of the junior mining sector. I also think there should be a good case for Esperance to keep IVW's port business if the residents can be reassured by the current shipping operation. I was a buyer at $0.09 and my simplistic analysis was that YMG had placed a value on the shares of, I believe, $1.50 before all of the current troubles began. They have a close relationship with IVW based on technical and new venture development for the future. If YMG likes IVW so much why shouldn't investors once the current problems are resolved? It appears that IVW will be a world leader with their new shipping method - a few press articles about that alone should generate interest in the shares. Perhaps the current low interest level is a positive in that the world out there is not reading too much about the current problems and will be reading much more positive news releases in the near future. At least, I hope so.