Impact Silver Corp V.IPT

q3 when - last year was mid August...

[DowsingR0d]

hope that wakes this sleepy dog up... boyyyyyyy...

silver at $25/oz IPT still makes...$6-7 an ounces.
at 650,000 oz year
net income = $4,550,000

at 145m shares out that's about $0.03-0.04 shares EPS
that's just 15X earnings multiple

NO VALUE for
1/ expansion
2/ Capire 
3/ greenfield exploration

[SilverPhD]

At this point the only things that will move this stock are increased production and great exploration results. The company does a horrible job in sharing updates on the exploration programs through media platforms. Only updates come through the quarterly earnings call. As for increased production, it would be nice to get back close to being a million oz producer again but the company is too damn

[Thales42]

The CEO is a notorious penny-pincher. I wonder what is he doing with all that $20 million in working capital.  I only hope he does realize that commodities inflation is eating this monney big time. Last thing this company wants is  being run by  someone who is penny wise but dollar stupid 

[looking4details]

One question that maybe we all could consider, do we really want to crank up production at these prices?  I personally would rather produce "just enough" to keep the lights on and drill some holes.  Silver is the most undervalued commodity in the market, the only way to get the prices up is by NOT giving our assets away for a fraction of its real worth. Fortunately for us

[Thales42]

There are so many things, other to to increease prodiction, Impact could do including:  1/  exploration and drilling; 2/  finishing second ore processing studies in Capire;  2/  adding capacity to Guadalupe mill; 3/  refurbishing and increasing capacity in Capire.    

[looking4details]

Agreed Thales42. Putting ourselves in a position to succeed, while we wait for the price of silver to increase makes the most sense to me.  The momentum seems to be towards increasing prices.....too many people are making an effort to end this nonsense of price rigging.

[SilverPhD]

The last two items you stated would result in increased production. Silver prices have increased to the point where production increases should have been fast tracked.

[Thales42]

Increased production means increased capacity.  Extensive work and CAPEX are required, but have not be done. Other miners will put a guidance and lay down plans and next steps, but Impact management has it its way.  Someone should remind them that Impact is a public company after all.

[SilverPhD]

They have plenty of available capacity already. They choose not to use it. They were processing 20-30 percent more material 5 years ago.

[Thales42]

It is true that ipt was producing 1 mill ounces in the leaner years. Nowadays the situation is different.  Impact is enteringa new phase where the company needs at least two production centers for its growing metal ore needs. Guadalupe mill is processing silver, but impact needs gold, copper, zink and lead processing facilities, so growing capacity means larger but also more diversified

[SilverPhD]

Silver prices are higher than 5 years ago. Why would you want to limit production now when the company went from unprofitable to now profitable? If you need higher prices than this to make the decision to mine then your projects are garbage. Impact Silver with the amount of cash it has should be back drilling the hell out of their properties to build up a resource and at the same time be

[Thales42]

The production in Guadalupe at the start of the year was lower because of mill upgrades. Production should be higher going forward.  What I meant by Impact 'controling" the level of production has an industry-wide following.  First Majestic and Endeavour Silver, for example, are hardly braking production records in anticipation of silver eclipsing $30 and so Impact is not an