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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 Thales42on Jan 04, 2022 2:38pm
211 Views
Post# 34282594

RE:RE:RE:RE:SG&A at IPT

RE:RE:RE:RE:SG&A at IPTand the last point to make is with respect to Fred's reputation of cost savvy accountant.  According to the legends, once Fred ordered muffins cut in half for one of the company meetings.  Compared this epizode with the current extavagant G&A cost paid out from the two private placements that diluted existing shareholders 50 percent. The current G&A cost is more aligned with throwing wild bunga-bunga parties than running a  sub 1 million oz silver mining operation.
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