Just over a week ago i urged HC readers to 'strongly' buy IVA. It was on offer at $2.50. Now trading in $3.55-$3.59 range after touching $3.70 earlier today.... and vols are exc. That's 42% price gain in 7 trading days. One needs to get a few big wins to compensate for weakness (in my case JBH) elsewhere in the portfolio. So can IVA go on from here? I will read through stuff over the weekend but sense this SP still has steam left in it.... albeit not at the extreme rate of past few days. IVA and ORE are mid/small-caps with huge potential. impossible to be sure when general mkt realises what massive future these miners have. One strategy is to buy some and just file away for next 2 years. It would need a 'double GFC' to see these companies not go into production.
IVA Price at posting:
$3.46 Sentiment: Hold Disclosure: Held
