Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum 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... see more

TSXV:IPT - Post Discussion

Impact Silver Corp > Impact Silver fundamentals
View:
Post by Henrich428 on Aug 10, 2021 9:53am

Impact Silver fundamentals

1) Silver producer for 15 years
2) No debt
3) $20 million in cash (nearly 1/3rd of current market cap)
4) Flagship property package is the entire Zacualpan district, the 2nd-oldest silver district in Mexico. So old a district that Cortez is said to have hid there once. 211 square km in size: larger than many countries in the UN.
5) A reasonable estimate of production there would be a million ounces of silver a year for the last 478 years (Bob Moriarty, 2006)
6) 400 mines discovered on the property, which have been on and off in production for 478 years, and this is barely scratching the surface (Bob Moriarty, 2006)
8) "The Spanish didn't value zinc and if they came across a high grade zinc vein, they left it. Impact is in the enviable position of being able to focus on the highest-value ore, which at present is going to be the high-grade and previously-ignored zinc." Bob Moriarty believes that zinc will some day be more expensive than copper.
9) Aggressive exploration and production-expansion ongoing.
10) Q1 2021 results show a 57% increase in revenue year-over-year, to $5.4 Million
11) Total land-package is 623 square km in size 
12) Down 55% YTD, severely oversold

https://www.321gold.com/editorials/moriarty/moriarty120606.html
https://ceo.ca/@newsfile/impact-silver-announces-first-quarter-2021-results
Be the first to comment on this post