OTCPK:IVWFF - Post by User
Comment by
vocex1on Oct 06, 2004 11:15am
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Post# 8014839
RE: Institutional ownership-PS503
RE: Institutional ownership-PS503I like the way you think, LOL.
Yes, I noticed that those LionShare dates were only to June, and volumes on some recent days surely show larger buyers easing in at low prices, without disrupting or spiking share price, IMHO.
The Accumulation phase for fundies continues until they wave the green flag on mine operations opening up, likely when construction is near complete. Nice to see the pictures updating construction progress.
The $4-$5.00 target is consistent with a charting method target price I have posted at $4.25. That would be nice, LOL.
I was reading that the Chinese told the G7 members, this past week, that they believe the interest rate maneuvers deployed to slow their economy have done the job, and they expect continued growth over the next few years at 6% to 8% range.
Seems to me that all of the lead Ivernia can produce will be sent to the highest cash bidder, China, just like the recent cash buyout of Noranda by the Chinese. This move to buyout the largest Canadian miner for cash shows how serious the Chinese are about corralling mineral resources.
Good times for resource investors.
vocex1