Company Updates From Management – Tue 30 Mar, 2021

Impact Silver – A Comprehensive Production and Exploration Update

Fred Davidson, President and CEO of Impact Silver (TSX.V:IPT – OTC:ISVLF) joins me to provide a complete update on production and exploration plans for this year. The Company just released its 2020 financial and operating results that showed net income of $2.3million. When it comes to exploration the Company is focusing on both brownfield targets that can be brought into production in the near term and greenfield targets with the goal of making a big new discovery.

If you have any follow up questions for Fred please email me at Fleck@kereport.com.

Click here for a summary of the recent news releases out of Impact Silver.


Comments:
  1. On March 30, 2021 at 12:36 pm,
    David says:

    I will add when they find the “elephant” unless it is in the room with me…

  2. On March 30, 2021 at 12:55 pm,
    Excelsior says:

    Great to hear the update from Fred on Impact Silver. They had solid Q4 and full year 2020 results from operations, which is very nice to see in the Silver sector after so many rough years, but I’m much more interested in their exploration prospectivity at multiple targets.

    I like that they have both brownfields exploration around their Guadalupe Mine/plant, and Capire mine/plant, as well as Alacran (which had previous historic artisanal mining and apparently needs to be dewatered). In addition their greenfield exploration at San Ramon, Veta Negra, and their Valley of the Gold targets at Carlos Pecheco and Chapinal seem quite intriguing.

    Wishing Fred and the IPT team great success with their mining and exploration for the balance of 2021.

  3. On March 30, 2021 at 3:04 pm,
    Excelsior says:

    Speaking of great drill results with Silver & Gold…. the recent drill hits from Vizsla were stellar. I had posted this on yesterday’s blog, but since this one on Impact is more focused on silver & gold exploration these results deserve the repost.

    __________________________

    (VZLA) (VIZSF) Vizsla Triples Length of Tajitos with Multiple High-Grade Intercepts at Panuco, Mexico

    30 Mar 2021

    > CS-21-11:
    – 2,210 g/t silver equivalent (1,586.2 grams per tonne (“g/t”) silver and 7.72 g/t gold) over 2.52 metres true width (“mTW”) from 252.65 m including,
    – 6,309 g/t silver equivalent (4,420.0 g/t silver and 23.10 g/t gold) over 0.8 mTW from 253.5 m

    > CS-21-20:

    – 752 g/t silver equivalent (350.9 g/t silver and 4.52 g/t gold) over 4.48 mTW from 124.0 m including,
    – 1,383 g/t silver equivalent (632.9 g/t silver and 8.45 g/t gold) over 2.04 mTW from 125.75 m

    > CS-21-21B

    – 573 g/t silver equivalent (387 g/t silver and 2.25 g/t gold) over 7.94 mTW from 95.0 m including,
    – 2,062 g/t silver equivalent (1,365.0 g/t silver and 8.35 g/t gold) over 1.44 mTW from 98 m

    https://ceo.ca/@newswire/vizsla-triples-length-of-tajitos-with-multiple-high-grade

  4. On March 30, 2021 at 3:06 pm,
    Excelsior says:

    (AXU) Alexco is another widely follow silver stock and this was a good interview from the recent MIF that was just put up on their site today:

    ______________________________________

    Clynt Nauman, Chairman and CEO of Alexco Resource Corp. (AXU) and Chen Lin of What is Chen Buying? What is Chen Selling? discuss the company’s flagship project, the Keno Hill Silver District, in Canada’s Yukon Territory, one of the highest-grade silver deposits in the world after the Virtual Metals Investor Forum on March 4-5, 2021.

    https://youtu.be/F17AvI7d1gE

    • On March 30, 2021 at 8:25 pm,
      Excelsior says:

      Peter Krauth talks to Chris Ritchie of SilverCrest Metals Inc. (SILV) (SIL)

      Metals Investor Forum – March 26, 2021

      “Chris Ritchie, President of SilverCrest Metals Inc. and Peter Krauth of The Silver Stock Investor discuss the company’s US$138 Million Bought Deal Financing and it’s high grade Las Chispas Silver-Gold project that is located180 kilometres northeast of Hermosillo, Sonora, Mexico.”

      https://youtu.be/hmdR3f1OouU

  5. On March 30, 2021 at 3:59 pm,
    David says:

    Ex:
    Thanks for putting that all together. It seems like all these great fundamentals should be moving the PM markets forward.

    • On March 30, 2021 at 4:28 pm,
      Excelsior says:

      Sure thing David. Yes, the PM sector is under selling pressure, so the good fundamentals are currently being over-shadowed by lower prices, but eventually, when investors look for quality names, those company fundamentals will matter again. Until then, and during the correction, I’m continuing to look for the companies doing the right kind of work to set themselves up for longer term success, and adding to positions as they correct downward to average into a solid cost-basis. I’m very comfortable adding to companies like Impact, Vizsla, or Alexco mentioned above, and many others not mentioned, if they pull back further by 15-30%+.

      For today though, I was mostly adding to cannabis and uranium stocks, which were also correcting some.

      • On March 30, 2021 at 7:01 pm,
        David says:

        I haven’t done drugs yet but did add to Azarga today.

        • On March 30, 2021 at 8:00 pm,
          Excelsior says:

          David- I hold Azarga Uranium and saw that they had news out today.

          My purchase in the Uranium space were just adding a little to my Energy Fuels and Denison positions (both of which I had trimmed back earlier in the year at higher prices).

          As for the pot stocks, I started a new position in the ETF (POTX).

          I also added just a bit more to a junior Lithium Ion Battery manufacturer Electrovaya.

          In the PMs I sold Baru Gold.

  6. On March 30, 2021 at 8:51 pm,
    Excelsior says:

    Q1 Wrap Party – Gold Stocks, Silver Stocks, Copper Stock & Uranium Stocks, Bitcoin Investing

    Cambridge House International – March 28, 2021

    “We are revisiting our forecasts for 2021 with an epic line-up of guests. We will see where we were right and where we were wrong in Q1 so we can adjust our portfolios accordingly.”

    >>> Agenda:

    Lyn Alden | Founder of Lyn Alden Investment Strategies

    Rockridge Resources | TSX-V: ROCK OTCQB: RRRLF

    Daniella Cambone | Editor-at-Large and Anchor at Stansberry Research

    Gran Columbia | TSX: GCM OTCQX: TPRFF

    Willem Middelkoop | Founder of the Commodity Discovery Fund

    Northern Vertex | TSX.V: NEE OTC-Nasdaq Intl.: NHVCF

    Warren Gilman | Chairman & CEO of Queen’s Road Capital

    Empress Royalty | TSX.V: EMPR OTCQB: EMPYF

    Steven Van Metre | President of Steven Van Metre Financial

    Elemental Royalties | TSX-V: ELE OTCQX: ELEMF

    David Morgan | Founder of The Morgan Report

    Silver X Mining Corp. | TSX-V: OROX | OTC: WRPSF

    Rick Rule | President and CEO, Sprott US Holdings Inc.

    Blue Sky Uranium | TSX-V: BSK OTC:BKUCF FSE:MAL2

    Jeff Clark | Senior Precious Metals Analyst, GoldSilver.com

    Nova Royalty | TSXV : NOVR OTCQB: NOVRF

    Peter Schiff | CEO of Euro Pacific Capital

    https://youtu.be/5nhBKSi2DeE

    • On March 31, 2021 at 9:47 am,
      David says:

      There is Empress in that list again. I have some, but interesting it keeps popping up. Also a female CEO like Banyan.

  7. On March 30, 2021 at 8:59 pm,
    Matthew says:

    Impact is backtesting an important speed line as well as its pre-covid peak.
    ISVLF:
    https://stockcharts.com/h-sc/ui?s=ISVLF&p=W&yr=5&mn=6&dy=0&id=p14906502583&a=642610362

      • On March 30, 2021 at 9:16 pm,
        Excelsior says:

        Good Impact Silver charts Matthew. Thanks!

        If the backtest of the speed line fails to hold as support, and if Silver does pull back lower to the $22 target many technicians have mentioned, then would you think that bottom prong of the fork you posted would be the next level of support?

        (I put a blue ellipse in the area I’m talking about)

        https://cdn-ceo-ca.s3.amazonaws.com/1g67ts6-Impact%20Silver%20Chart%20Support.JPG

        • On March 30, 2021 at 9:18 pm,
          Excelsior says:

          The other thing about that level is it would fill that old gap from last May.

        • On March 30, 2021 at 9:50 pm,
          Matthew says:

          Yes, the next support you circled is correct. Notice that price is currently about 50% of the way between that support and the fork resistance above. This suggests that the current level has some importance even without the speed line support.

          • On March 30, 2021 at 10:04 pm,
            Excelsior says:

            Thanks. That makes sense, and it would be nice to see that level hold, rather than testing the next level down, but if it gets down to that fork support then I’ll add some there.

          • On March 30, 2021 at 10:28 pm,
            Matthew says:

            If it does go there, I bet it will happen quickly and not stay there for long.
            Here are a few more nearby potential supports:
            https://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=7&mn=11&dy=0&id=p73938568358&a=786411872

          • On March 30, 2021 at 10:32 pm,
            Excelsior says:

            Thanks Matthew. Yes the 61.8% fib retracement looks like another key level of support, and an area to add another tranche.

          • On March 31, 2021 at 5:10 pm,
            Canuckski says:

            Thanks for the charting Matthew.

        • On March 31, 2021 at 7:12 am,
          Glenfidish says:

          Great Points Ex!

          Your doing your homework..

          • On March 31, 2021 at 9:28 am,
            Excelsior says:

            Thanks Glen. Yes, cramming for the exams… 🙂

      • On March 31, 2021 at 7:11 am,
        Glenfidish says:

        I have no doubt impact is going to break through that support. That what my technicals and pattern are telling me. And when it does we can begin to purchase for the ride up

  8. On March 30, 2021 at 9:06 pm,
    Matthew says:
  9. On March 30, 2021 at 9:20 pm,
    Excelsior says:

    50-year Gold Price Vs Stocks Chart Shows Bullion Fair Value Above $2,500

    Frik Els | March 30, 2021

    https://www.mining.com/50-year-gold-price-vs-stocks-chart-shows-bullion-fair-value-above-2500/

  10. On March 30, 2021 at 10:29 pm,
    Excelsior says:

    Bob Moriarty at 321 Gold talks about the Metallic Group of companies:
    (MMG) Metallic Minerals and (PGE) Group Ten Metals and (GCX) Granite Creek Copper at the 18.30 in this interview with Maurice from Proven & Probable.

    https://youtu.be/8A_VPW5WA-A?t=1112

    • On March 31, 2021 at 6:12 am,
      David says:

      Summa and Gogold news on drill results. I have Summa which is in Nevada but do not Gogold which has had good moves in past and I think they are Mexico. Both have good silver with gold.

      • On March 31, 2021 at 6:14 am,
        David says:

        Summa looks a little better on silver and gold today.

        • On March 31, 2021 at 7:01 am,
          David says:

          Added some Summa and a small amount of Wallbridge. Looks like possibly an up day.

        • On March 31, 2021 at 9:27 am,
          Excelsior says:

          Yes, Summa had a very high grade hit out today, but it was a very narrow intercept. Still, it is nice to see, and further confirms the same Silver trend that Blackrock Silver is on in Nevada.

          _____________________________________

          Summa Silver Drills 2,995 g/t Silver Equivalent over 0.8 m at the Hughes Property, Nevada

          by @newswire on 31 Mar 2021

          https://ceo.ca/@newswire/summa-silver-drills-2995-gt-silver-equivalent-over

  11. On March 31, 2021 at 6:56 am,
    David says:

    IPT having good start. Maybe I should add.

    • On March 31, 2021 at 7:07 am,
      David says:

      Freegold up but I don’t see a reason yet.

    • On March 31, 2021 at 7:14 am,
      Glenfidish says:

      I would hold off…Just sayin to each there own

      glen

      • On March 31, 2021 at 7:48 am,
        David says:

        There is no way to know for sure what to do as long as Regulators do not Regulate. As long as corruption is the rule, then criminals determine market action. It is that simple.

    • On March 31, 2021 at 9:39 am,
      David says:

      Glen;
      Thanks for the response. It was somewhat rhetorical and was somewhat directed at a conversation I had with Ex yesterday concerning Vizsla. I wanted to add to Vizsla and was looking at trade offs. I considered several other silver stocks and thought I hadn’t heard anything about Impact for awhile and had a small loss. So, I sold about half and about an hour later Cory puts up an interview with Impact…with great info. Part of my thinking was that I could get a gain in Vizsla before Impact moves. Well…currently Vizsla is up over 9% and Impact is up over 11%. I imagine Ex is still chuckling over my brilliance. 🙂

      • On March 31, 2021 at 10:55 am,
        Matthew says:

        David, at least your Vizsla is a “buy” on the daily chart and is also the stronger of the two on the weekly chart, at the moment.

        • On March 31, 2021 at 11:26 am,
          David says:

          Thanks Matthew for the input. Vizsla been doing well today. I put my Covid Mask over my eyes and threw a dart. Well, the second dart…the first one hit the dog.

  12. On March 31, 2021 at 10:41 am,
    Glenfidish says:

    Thanks for elaborating David! Understood..

    All the best..

  13. On March 31, 2021 at 11:29 am,
    David says:

    Since they started bouncing around printing more money for infrastructure, I added to Granite Creek Copper today. It went to the bottom of my charts at about -10%, so I figure that was a red flag to add. We will see.

    • On March 31, 2021 at 12:42 pm,
      David says:

      Telson all of a sudden taking off.

      • On March 31, 2021 at 5:51 pm,
        Ann says:

        David.. CVX.V… another infrastructure stock worth considering.

        • On March 31, 2021 at 6:09 pm,
          David says:

          Ann:
          Cematrax. I never heard of it but will look into it. Thanks.

  14. On March 31, 2021 at 6:21 pm,
    David says:

    Ann:
    Thanks. I made another response that is out for approval. It seems to happen if it is the last entry in a thread. It will probably show up. Cematex. I will look into it.