Bullboard - Stock Discussion Forum Impact Silver Corp V.IPT

Alternate Symbol(s): ISVLF

Metals & Mining Silver

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... see more

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TSXV:IPT - Post Discussion

Impact Silver Corp > we got some support

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Post by stockwrestler on Sep 06, 2024 1:10am

we got some support

and there's not much on offer.
Silver is still cheap about 84:1
vs gold. One of these days we'll
get a reversal.

113

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Comment by Crashcomingsoon on Sep 06, 2024 2:56pm

I think IPT's lower share price is paying the price of so much dilution by management. I would like to know what, if any, open pit mines IPT has in Mexico in case Mexico bans open pit mining

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Comment by stockwrestler on Sep 07, 2024 5:41pm

I don't anticipate big mining problems in Mexico; First Majestic just invested a billion dollars in Mexican silver mining by buying out Gatos.

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Comment by Crashcomingsoon on Sep 07, 2024 8:09pm

Yes and Gatos is an underground mine. If Mexico enforces a ban on open-pit mining, some mines will be forced to close. I don't know if IPT has any open-pit mines in Mexico.

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Impact Silver Corp