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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
Post by thebakeron Jan 13, 2010 9:54am
783 Views
Post# 16672733

Financial

FinancialWhat people must be missing is the "financials" for this company. They are producing and making money. They have money in the bank. They have no long term debt. One important factor is their assets are way understated on their balance sheet. The properties they hold are stated on the balance sheet at cost, what they paid at auction. If they were stated according to the value of the silver in ground, this would change things. This company is worth way more than what it is presently valued at.
Bullboard Posts