OTCPK:IVWFF - Post by User
Post by
99921on May 05, 2004 4:16pm
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Post# 7446489
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??A new prospective investor might look at IVW's stock price potential in a different way than
we who are already invested. As I understand the company's situation it has very few
sources of income until the mine project is up and running. Once that happens things
could be very rosy indeed. The stock is selling at ten times its recent low. If I were
thinking of getting in based on the Magellan income I might wait until there is some
evidence of more upward share price movement and hope I timed my purchase to get in
before the big jump we are hoping for takes place. Like the man said, "timing is
everything." Many investors will not buy shares in a company that does not have a history
of profit or, at least, the very real prospect of imminent profitability.