Impact Silver Corp V.IPT

Another Red day

[ROCKY9481]

And down we go... every day a red day. This stock will never go past 1.20. Thats just the max it will ever reach. Frustrating.

[Stevoo]

Silver just bounce 0.40$ & still at 0.90$ Pathetic dummys playing with 500 shares per trade.

[Thales42]

Guys, can not vouch  why Ipt is trading at its current levels, however, what I can do is to post a superb explanation of what happened in early February. The note below comes from the CEO of Endeavour Silver.   Why did the Reddit silver short squeeze fail?   A: Why was it not a silver short squeeze? Because all the evidence points to a blogger/speculator buying

[Crashcomingsoon]

" However, the silver “shorts” are not naked, they are mostly covered hedges of physical silver stored in vaults." What about the 500:1 ratio of paper silver to physical silver.  Paper silver is created out of thin air and is unrelated to the amount of physical silver.  The way to squeeze the paper silver shorts is to take delivery of physical which is happening as the

[dollpartz]

They might wanna get off venture .. I don't remember what is necessary to move off it but when they can they should ... Venture is like the wild west without any sheriffs and most mining companies on it are basically random holes in the ground ..

[Crashcomingsoon]

I think that is an old condition and I doubt that it still applies to the Venture Exchnge

[dollpartz]

I should say that moving to TSX from TSXV is known as graduating .. Here's the document outlining TSX listing requirements for mining companies, if anyone should like to learn more: Listing requirements TSX mining companies Not very burdensome!

[dollpartz]

Another maybe they should look at! Benefits of Graduating

[Thales42]

very good observation, Dollpartz. The one thing against Ipt trading on the TSE that I can think of is the company's idiosyncratic CEO.  From what I know Fred is like a night owl and likes to keep things low profile because of fear that higher visibility will brings predatory interests. The guy is worth a Holiwood movie with John Malkowich in Fred's role. But he needs to loose some

[dollpartz]

Well ya I figured it was on purpose, I just don't know the reason .. its very rare for a producer to sit in venture happily. A long time producer probably almost never .. far as I know ..

[dollpartz]

That is I do know the reason, you just told me!

[Crashcomingsoon]

I agree that the Toronto exchange has the better, more established mining companies than the Venture exchange.