RE:dopey Ag bugs buy this for 'the name'... The last thing that I want Impact Silver to do is supply the market, with silver at these prices. What I'm hoping they do is produce just enough silver, to focus on high priority targets drilling and keep the lights on....no more.
it may not look sexy to the market short term, but saves reserves long term at (hopefully) higher prices. Personally I'm in the camp that it is irresponsible to supply a depressed market (like many mining companies do), as it theoretically prolongs the low prices.
as far as "isn't much silver here"? Time will tell if you are correct or not. As far as leverage to the price of silver, 90-95% of what we produce is silver, so I'm not sure I agree with that statement.
in the end, you may be right about this being nothing more than smoke and mirrors, maybe at higher silver prices we can re-address this thought? My guess is that the pure profit, from higher priced silver and hopefully increased production will have a dramatic effect on profits and share price.