RE:Just to be sure If the US-Chinese negotiations go well, and the Chinese market starts to recover, and copper rebounds, then IVN will recover quickly. It's being held down now because it's so close to the critical 2.00 mark. A couple of bad days and it will be sub-2.00. But these things have spells of ridiculousness.
The reasons are debatable (I personally feel its institutional traders using their advantage to move the price) but the important thing is that many times the price has no relationship to the value of the company.
If things got really crazy the price could go to .25 (I've literally seen that happen, companies trading at massive discount to cash in the bank, or to cashflow per share) but it doesn't change the fact that this is a company with money, powerful backers that negate the country risk significantly, and some of the highest grade properties in the world, with construction fully funded and well on the way. The 'market' is pretending this is a fly-by-night exploration story, because they can. I'd rather not see it break 2.00 but if it goes to .25 it'll just be the next buy of the century,