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Investigator Resources Is A Stock On The Move

Jul. 16, 2013 1:50 AM ET
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Seeking Alpha Analyst Since 2009

Proactiveinvestors is a leading multi-media news organisation, investor portal and events management business with offices in New York, Sydney, Toronto, Frankfurt and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of listed companies across the globe daily. We are one of the fastest growing financial media portals in the world. The group also operates hugely successful “investor forums” where three or four companies present to an audience of high net sophisticated investors, fund managers, hedge funds, private client brokers and analysts. Ian Mclelland founded Proactiveinvestors in 2006 as a way to channel his own views on companies small and mid-cap public companies. What started as a hobby quickly turned into a full time job as the website's readership exploded. One2One forums were added later in 2006, and within two years the company had expanded its operations into Canada and Australia. In 2009 the company expanded into Germany and finally into the US in 2010. Proactiveinvestors is now one of the fastest growing global financial media organizations in the world receiving more than one million visitors per month, with investor forums held across the globe on a regular basis.

Investigator Resources (ASX: IVR) has been a strong performer in recent months - despite the difficult markets - with the stock doubling in price since May.

Investigator closed at $0.20 yesterday, which was around a 20% gain on last week when the shares were changing hand at around the $0.16 level, following the discovery of a silver target at its flagship Paris project on the Eyre Peninsula.

The new target known as Hector, is larger than Paris based on peak silver-in-soil values - and a larger geochemical signature.

Silver-in-soil values at Hector are of similar tenor to the initial Paris target signature with peak value at Hector standing at 2,065 parts per billion silver.

This is the highest value achieved via soil sampling across the Eyre Penninsula, with the earlier one at Paris coming in at 1,629 ppb silver.

Paris is currently being drilled towards a maiden silver resource, but Hector appears to be more promising that Paris, based on the infill soil geochemical program confirming the potential.

The Hector target area, 15 kilometres east of Paris, is interpreted to be at least 5 kilometres by 7 kilometres in area compared with the 1.2 kilometres by 400 metre size of the Paris geochemical signature.


Cashed up Investigator had $12.5 million in the bank at the end of March 2013.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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