Impact Silver – Production Update At The Zacualpan Silver-Gold District, Growth Plans For The Recent Plomosas Zinc Mine Acquisition
Fred Davidson, President and CEO of Impact Silver (TSX.V:IPT – OTC:ISVLF – FSE:IKL) joins me to provide an update on the current production at the Zacualpan Silver-Gold District, where the Company has multiple mines feeding the Guadalupe processing plant. We also recap the acquisition in April of the Plomosas Zinc-Lead-Silver District in Mexico. This acquisition brings into the Company a second production area for the Company however work is needed to upgrade the mill and mine.
After recapping the current production and acquisition Fred and I discuss the exploration and growth potential at both the Zacualpan Silver-Gold District and Plomosas.
If you have any follow up questions for Fred please email me at Fleck@kereport.com.
Click here to visit the Impact Silver website and read over the recent news out of the Company.
Yup, it is going to have an imminent, immediate, immeasurable, impact. DT
Indubitably!
There are drugs for that….
Lots of Silver stocks on the move today for an overall green day.
I picked up a new starter position in USAS Americas Gold & Silver today, after having sold it earlier for tax-loss purposes, and it was on a roll today.
Guanajuato Silver, Endeavour Silver, Coeur, AbraSilver, Kootenay, Summa up 6%-7% today.
(USAS) (USA) Americas Gold and Silver Corporation Provides Q2-2023 Production Results; Attributable Silver Production Increased by 92% Year-over-year
July 17, 2023
https://ceo.ca/@businesswire/americas-gold-and-silver-corporation-provides-q2-2023
IPT has erased 8 straight weeks of decline in 12 days. The last time it fell for 8 straight weeks was in 2006 but that run happened immediately after a major high while this one happened 3 years after a major high and marked a 3+ year low. In other words, apples and oranges…
https://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=1&mn=9&dy=0&id=p18111694542
This MSM article caught my attention, as it relates to new mine permits, mine construction, and/or mine production (re: Lithium for batteries / jurisdiction: Nevada, USA)
“Tribes object. But a federal ruling approves construction of the largest lithium mine”
“Lithium is a key component of electric vehicle batteries, and despite pressure from west coast Paiute tribes and environmentalists, the Biden administration did not reverse the decision and had continued to advocate for the mine, which would be located on remote federal land near the Nevada-Oregon border.”
The USD is oversold and has reason to bounce but any relief for the bulls is unlikely to last for long.
https://stockcharts.com/h-sc/ui?s=%24USD&p=D&yr=1&mn=1&dy=0&id=p21228424008&a=528369444
Same same …Month 18.
Interesting that MSM articles related to the upcoming BRICS+ meeting in late-August are starting to appear. (The Gold Enthusiast community has speculated that a gold-backed currency will be announced)
South Africa says Putin will skip a Johannesburg summit next month because of his ICC arrest warrant (The Hill)
The BRICs Go For Gold (Forbes)
The Silver Cross Gold Miners Index has skyrocketed from 0 to 43 in less than 2 weeks. It took at least 4 weeks to do the same late last year.
https://stockcharts.com/h-sc/ui?s=%21SCIGDX&p=D&yr=1&mn=0&dy=0&id=p94285457056
Weekly BBB looks ideal for a big intermediate move…
https://stockcharts.com/h-sc/ui?s=BBB.V&p=W&yr=3&mn=7&dy=0&id=p09622548981&a=1457329800
Day 2 at important resistance for HL vs SPY…
https://stockcharts.com/h-sc/ui?s=HL%3ASPY&p=D&yr=1&mn=1&dy=0&id=p76268804254&a=861300077
This was a high-impact interview. Thanks for the IPT update Cory.