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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 99921on Mar 31, 2010 2:53pm
464 Views
Post# 16945421

RE: March 30 news release

RE: March 30 news releaseYes, I believe you are right in assuming that the only way up is to increase the value of the assets in the ground. I suppose they can do that either through exploration or acquisition. I definitely like the management here - they are smart, conservative and they live up to their obligations and to their promises. I certainly don't discount their long term potential and have added holdings when the price was so badly depressed. I guess the answer to the future of the stock price is to hold on the basis of the present assets and management's ability to add to them. Putting a number on that potential is pretty much impossible right now, in my opinion.
Bullboard Posts