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Ivernia Inc IVWFF

Metals & Mining Industrial Metals & Minerals
"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

Ivernia Inc > Toast
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Comment by SergeGodinon Mar 31, 2015 10:10pm
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Post# 23584789

RE:RE:Toast

RE:RE:ToastThere is no turn around.  Unless LME lead hits $2000 between now and June this company is finished.

The more they mine they more money they lose.

Eventually the major shareholder will give up on this money losing venture and let it go belly under.

It doesn't matter how you slice it - a money losing mine is a money losing mine.  Nobody will invest in that.

It's over.  Get out if you can.

Serge.
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