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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
Post by 99921on Nov 26, 2009 1:12pm
1092 Views
Post# 16526882

Share Price

Share PriceI see that the price touched
.50 today. That is the target in the Haywood report which is only a few weeks old. I would doubt that the analyst expected his target to be met that quickly. He did his numbers with full recognition of the potential dilution arising from the loans so I suppose it is fair to assume that many of today's buyers also recognize that situation. This all leads me to wonder if "the market" is already factoring in some possible partial resolution of the dilution problem. We will possibly get an answer to that question if the share price continues to rise or if it stalls at the value Haywood came up with after doing its due diligence.
Bullboard Posts