Went thru the entire release again last night. Am satisfied this is a world class Molybdenum find. They have graphs comparing IVA grades with world's biggest moly mines/deposits and nothing comes vaguely close. SP dropped very briefly to 1.90 this morning. Eitherway i am now comfortable re the claims in ann. and happy to hold.
IVA is small company with 63.2 million shares of which 83% are held by N. Americans. But IVA apparantly not traded on Toronto exchange as i originally thought. IVA has small 'free-float' of only 12.5million shares. Ivanhoe is a recent listing with a cash backing at last quarterly of $AUD 57.5 million or some 0.91 cents per share. Def feel the risk/reward is worth me holding onto my stake. PS. figures sourced from Burrell stockbrokers.
IVA Price at posting:
$1.92 Sentiment: Buy Disclosure: Held