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Bullboard - Stock Discussion Forum Inventus Mining Corp V.IVS

Alternate Symbol(s):  GNGXF

Inventus Mining Corp. is a Canada-based exploration company. The Company is focused on the development of its gold and critical metals projects located east of the world class mining district of Sudbury, Ontario. The Company holds two 100% owned projects, Pardo Gold and Sudbury 2.0 Polymetallic Gold. The Pardo Paleoplacer Gold Project is located in Ontario, Canada, approximately 65 kilometers... see more

TSXV:IVS - Post Discussion

Inventus Mining Corp > More Insiders Buying
View:
Post by shneps on Jan 17, 2022 6:03pm

More Insiders Buying

When the CFO is buying shares you really know something is going right.
Comment by molee26 on Jan 18, 2022 8:09am
Inventus Mining: Exercise of Warrants for Proceeds of $884,000 ... TORONTO, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) wishes to announce that since January 5th, the Company has received additional cash proceeds of $884,000 from the exercise of warrants (at $0.17 per share). The final expiry date of the warrants was January ...more  
Comment by shneps on Jan 18, 2022 9:20am
By my calculations I believe that is 10m warrants exercised of the 13.2M issued. I'm hoping this funding keeps us going till the bulk sample gold ounces are returned from Redstone. If 6000t return at 9g/t (guess estimate) we may be looking at 1900 ozs X $1800 = $3.4M. If 50% go to cost we are looking at $1.7M in the coffers. Thoughts?
Comment by molee26 on Jan 18, 2022 10:05am
I like that scenario ... I would also like to see more buying volume on the open market . That coupled with less selling to the bid by Canaccord would give us a fighting chance . Look forward to the bulk sample results . Stay safe >> M
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