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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

Post by Wantonfueyon May 02, 2021 9:59am
185 Views
Post# 33110340

dopey Ag bugs buy this for 'the name'...

dopey Ag bugs buy this for 'the name'...they can't help themselves.  Even with silver running up in 2020 they could barely scrape out a $2M profit.  W/o exploration upside, there isn't any value creation potential.  Despite what people say here, there isn't much leverage to the price of silver because there isn't much silver here.  This is a nice little business that is commanding a high market premium w/o justification.
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