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Impact Silver Corp V.IPT

Alternate Symbol(s):  ISVLF

IMPACT Silver Corp. is a Canada-based company, which is engaged in silver, zinc and mining and related activities including exploration, development, and mineral processing in Mexico. The Company operates through two geographical segments: Mexico, and Canada. The Mexico segment includes the Company’s mining operations and exploration properties. The Canada segment includes head office and group services. The Company operates a series of mines near Zacualpan in the State of Mexico and in Guerrero State as well as in the State of Chihuahua, and produces silver, lead, zinc, and gold sold in the form of lead and zinc concentrates. The Company owns and operates four producing silver mines and two production centers in south-central Mexico. Its current producing mines are the Guadalupe Mine, the Veta Negra Open Pit Mine, the San Ramon Deeps Mine, and the Cuchara Mine. The Veta Negra mine is located four kilometers northwest of the Guadalupe mill.


TSXV:IPT - Post by User

Comment by looking4detailson Mar 27, 2021 8:56pm
153 Views
Post# 32893955

RE:silver chart

RE:silver chart

I'm not sure that I agree with everyone shorting silver dollpartz.  While I agree that many people are distracted by things like Bitcoin, my belief is that more and more people are waking up to the value of silver.  If you listen to Ed Steer, he believes virtually all the shorting has been done by eight banks.  If you listen to David Morgan, the silver supply is so tight, 1000 oz bars that used to be easy to obtain and once carried a over spot price of $0.05, now exceed $0.80 if you can find it.  

Charts are not one of my strengths, but if we apply critical thinking, i believe the shorting game could be coming to an end soon.  If that is the case, silver and silver miners could/should do very well......especially if you subscribe to what it says on Impact silvers website, which states they are leveraged 3-5:1 to the movement to the price of silver.

 

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