OTCPK:IVWFF - Post by User
Post by
vocex1on Oct 13, 2004 3:11pm
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Post# 8043365
IVW Update
IVW UpdateLooks very good to me. I especially liked more aggressive posture regarding the additional lands/resource development indicated by the 'optimization' of production for more resource.
If we are conservatively at 12 years of resource at an average of 80K per year, then any boost to total resource expands the life of the mine, and the value of our shares.
What if we were really at about 20 years of resource, and still have more adjacent areas to develop? Is this too optimistic?
I like the way price is stablizing here at these levels,too. Bought more on intraday dip.
Anyway you look at IVW, the current price is a bargain.
vocex1