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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 Jul 27, 2004 11:33am
105 Views
Post# 7749411

Share Price

Share PriceIt seems that the major impediment to an increase in the share price is timing. While all of the numbers point to an excellent financial future for IVW the market tends to want to see the money. High lead prices today, when the company is not producing any, certainly are encouraging for present shareholders but the time gap still needs to close. Provided the projected production numbers and lead prices stay at the present levels the stock price should increase as the time gap closes. The Schmoe brothers may not be skeptical but they are still hesitant to invest, assuming that they are aware of the facts. Awareness is probably also slowly increasing. Patience is the key.
Bullboard Posts