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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 pipefit2on Aug 06, 2015 1:13pm
114 Views
Post# 23994839

RE:RE:RE:RE:RE:RE:RE:RE:Cash position very low

RE:RE:RE:RE:RE:RE:RE:RE:Cash position very low"I assume you aren't implying the Venture will drop 30 % from here."

I was referring to the major averages, such as the DOW, S&P 500, nasdaq, etc.  However, if they drop 30%, the Venture will almost certainly do the same, or worse.

Gold and silver are up today, but the Venture is following the major averages lower.

You like to talk about the history of the world, so why don't you look at what happens tot he Venture when the major averages sell off in a big way.  I think you will find that it gets sold even more so.

 This is why you are almost certainly wrong.  Companies like ipt.v get sold off way more than company specific fundamentals would normally justify,  People make up their minds that stocks are bad and cash is good.

If you are absolutely desperate to buy more ipt.v, you might want to consider avaraging in, slowly, over time. That way, you are guaranteed to buy at least a little when it bottoms at 5 cents a share.  Good luck.

Bullboard Posts