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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

Comment by looking4detailson Apr 22, 2021 6:41pm
152 Views
Post# 33052554

RE:RE:RE:Lousy performance

RE:RE:RE:Lousy performanceAs a shareholder, I would love to see the share price up, like most.  If we take a step back, we can look at the current share price as a potential opportunity.  Impact Silver has plenty of cash, producing mines well in the profits and lots to explore.  Impact has one of the highes Beta to silver prices in the market and it sure seems to me that we may be heading into a mother of all bull markets.  Since the company doesnt currently need to go to the market for funding, the share price isn't important to them, though it does leave it open to takeover attempts.  What I personally wouldn't mind seeing is share buybacks by the company at these low prices.  Companies like First Majestic have been apparently trying to hold production to the market to force prices up, maybe other like Impact should consider the same strategy, till we get fair value for our product?

From my perspective, the future looks pretty bright.  This might be a good time for people to asses the company and decide if it is overvalued or undervalued and act accordingly.  
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