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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 grenouilleon May 28, 2010 1:46pm
556 Views
Post# 17140726

it isn't a dream, just prudent management

it isn't a dream, just prudent managementmining the lower grades when prices rise is not a new idea.  it's a standard strategy, and works well in any of several scenarios.

basically mining companies face three possibilities when prices rise.

a) prices have risen and will subsequently fall.

b) prices have risen and will stabilize (level off)

c) prices have risen and will continue to rise.

mining the lower grades when the prices rise enough to do so at a profit works well for all three scenarios.

a) the mine life is extended and the company continues to operate at a profit. leaving the high grade to help the company survive during harder times.

b)  the mine life is extended and the high grade s are available for use when prices are high

c) mine life is extended and it sets up a "best case" scenario of using the highest grades at eleveter (and climbing) prices.

there is no scenario in which using the low grades when they can be utilised economically has a negative effect.  it is a win-win-win proposition.
Bullboard Posts