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Impact Silver Corp V.IPT

Alternate Symbol(s):  ISVLF

IMPACT Silver Corp. is a mineral producer and explorer with mining projects in Mexico. It is engaged in silver, zinc and lead mining and related activities, including exploration, development and mineral processing in Mexico. Its operations include Royal Mines of Zacualpan Silver-Gold District and Plomosas Zinc-Lead-Silver District. It owns 100% of the 211 square kilometers (km2) Zacualpan project in central Mexico where four underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI43-101 inferred mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead. Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. It is producing mines are the Guadalupe Mine, the Veta Negra Open Pit Mine, the San Ramon Deeps Mine, and the Cuchara Mine.


TSXV:IPT - Post by User

Bullboard Posts
Comment by MontyHighon May 23, 2008 11:32am
346 Views
Post# 15103628

RE: Two Days Later

RE: Two Days Later
All the Jrs are down out of fear of the "big economic collapse" and have not turned back up yet. They seem to be pretty momentum driven. If you are a value investor, you just have to wait for the sentiment to turn.

I haven't followed this stock all that carefully, but I think it has always been soft on guidance so has not grossly missed guidance. Am I wrong?

Its pretty small and not really a takeover target, so you just have to wait while it grows (without dilution, very nice) and for the market sentiment to get more bullish on Jrs.

The thing I like about this company is the management. They really seem to have the stockholders in mine and are not out to grow an empire regardless of the dilution. I admire that and I think it will turn out well for the investors.

Monty


Bullboard Posts