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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 Crashcomingsoonon Oct 15, 2021 1:15pm
182 Views
Post# 34010568

Not Logical

Not LogicalMy Comment: Retail sales increase due in large part to higher prices (ie inflation) and the NY Manufacturing survey declined sharply. Yet gold is selling off due to inflation driven retail sales increase. Illogical !!!


US (Nominal) Retail Sales Unexpectedly Surge In September : https://www.zerohedge.com/personal-finance/us-nominal-retail-sales-unexpectedly-surge-september

Excerpt:
However, bear in mind that today's retail sales print is 'nominal' and so perhaps reflects more on soaring inflation than consumers' willingness to spend more.



AND
New York Fed Empire State Survey disappoints as it comes in at 19.8 : https://www.kitco.com/news/2021-10-15/New-York-Fed-Empire-State-Survey-disappoints-as-it-comes-in-at-19-8.html

Excerpt:
The regional central bank said its Empire State manufacturing survey's general business conditions index fell 15 basis points to 19.8 in October. The data disappointed as consensus forecasts were calling for a reading around 27.00.
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