>Why yes, I don't give a shit about a previous thread and could easily search the archives if I so felt >How could ya tell? >Also, where's your board bro? We're meetin' the gals at the boardwalk
I'm not retarded so I pay for my leverage upfront with options
Jonathan Wood
Aurcana is up only because it was in the gutter before. They diluted their shareholders for years and never communicated with them. Most hated stock on ceo for years. Look at the chart since 2016, it's literally nothing but downhill. Then compare it to Dolly Varden or Impact with their peaks and troughs and you'll understand the difference.
Brayden Flores
for anons shilling impact silver, where you finding that its the mine that gets the most of its $ from silver in the world from? their investor pack doesnt seem to have that
Brayden Barnes
Bought a 5 gram swiss gold bar for $335 today. Shoulda just picked up a 1/4oz coin in retrospect but they didn't have any 1/10oz coins which is what i wanted and i didn't want to spend the time to go grab more cash
Thomas Flores
"IMPACT Silver Corp. ("IMPACT" or the "Company") is pleased to announce it has entered into a concentrate sales contract with Samsung C&T Corp. ("Samsung") for off take from the Royal Mines of Zacualpan production in Mexico.
The first shipment of concentrate will start in March 2019, with a fixed schedule every two weeks for 12 months, shipping through the port of Manzanillo, Mexico. Based on current production of 400 tonnes per day, 2019-2020 sales of silver lead-zinc concentrate should top 800,000 ounces silver with revenues over 95% attributable to pure silver (no equivalents)."
Pan American, 33% Endeavour Silver 60% First Majestic, 62%
No other producer comes close.
Ethan Thomas
user who replied to and with merc coins... The Scottsdale 5oz buttons are really only worth the purchase on a silver low or if you buy at some kind of discount. I'm noticing a lot of silver buyers outside of this. Pmg community either have a small group of deep pocket buyers ordering large quantities or simply consider Scottsdale single ounce coins really worth the investment. I do not think the general silver buyer purchasers scottsdake 5oz or 10oz metal due to the premiums.
20oz or even the 100oz seem popular among the general buyer and as stated the single ouncws, which im not a fan of at all. Single ounce Scottsdale suffer from a lack of design. Merury dimes are simple trade and payment to reserve your. 999 silver supply.
ok so 400 TPD... the reason you dont see mines like FM even mentioning them, is because that is so little throughput that impact isnt in the same category for comparison. Just two of FM's mines are 3k TPD each.
So its a big stretch to call out keith for lying when its not even the same ballpark, usually when people are shilling one stock and being hostile to another, it makes me question their intentions.
Another thing to note is that impact is selling concentrate, where as FM sells refined bars, and can do so at retail, which significantly increases the control they have over sales as well as margins.
Not saying impact isnt good, but from their own website " but the resource is reported at a cutoff of US$30/t lying within a pit optimized using $31/oz Ag, $1.51/lb Zn, and $1.69/lb Pb. MDA considers a US$30/t cutoff to be appropriate for production using IMPACT's 200t/d mill and recoveries around 80%, 50%, and 65% for silver, zinc and lead, respectively."
This does not seem like a rich grade to me... seems very expensive per TOz. They also only list yearly silver production up to 2015, and its under a million Oz, not sure why they are not listing the last 4 years.
and that is 95% on ONE 400 TPD project, not their entire company, which has other projects.
Jaxon Richardson
>I do not think the general silver buyer purchasers scottsdake 5oz or 10oz metal due to the premiums. Scottsdale stackers have a decent premium. I'll shell 10 bucks for the stacker over a generic secondary
Anthony Scott
They have 8 million in cash, no debt, and the property is something like 600 square km. Zacualpan is estimated to have produced a million ounces a year since 1524. It's the 2nd-oldest silver district in Mexico. Whatever the details may be right now, I'm not worried about the future of the company's production in a silver bull market. There are 400 former operating mines there. They haven't even scratched the surface of its potential. As silver goes up in price, grade is going to become less and less meaningful. All that matters is the ounces in the ground, and we don't need drilling to know that Zacualpan is full of them.
Michael Ross
I am very sure that impacts own investor relations guy is going to say his own company will be the best... thats a given.
but again, that 95% # is from one 400TPD project, not from their entire revenue.
Ethan Garcia
So what are we thinking bros, we moon, crab, or crap this week.
One roll everybody knows the rules
Grayson Hughes
> They also only list yearly silver production up to 2015, and its under a million Oz, not sure why they are not listing the last 4 years.
$IPT: Annual Performance: 2016 Purety of Silver production: 89% Silver production: 1 million AgEq ounces Revenue: 16.7 million Net Earnings: -1.9 million Cash: 8.2 million Working Capital: 10.4 million Market cap: $27.8 million USD
$FR: Annual Performance: 2016 Purety of Silver production: 67% Silver production: 18.7 million AgEq ounces Revenue: 278 million Net Earnings: 8.6 million Cash: 129 million Working Capital: 130 million Market cap: $1.16 Billlion USD
Just bought pic related. Always collected the drummer boy quarters. Found out the mint actually started redoing silver proof coins with this particular set. Just had to have them. Now, I've had conflicting sources saying their 40% silver or just silver clad, but it's nice to have my favorite quarter with SOME proper currency within it. Gonna carry one in my wallet as a lucky coin. Got 'em for 8.50 and shipping brought it up to 12.40. Any numismatists here to say if I did well or not?
sure but you are comparing a company that is making millions of silver oz for 8$ an oz, that just installed new mills that will increase % of silver recovered, which is already ~90% ... just the swap from diesel fuel to nat gas is going to save FM 8 million.
vs a company that is making hundreds of thousands of oz for 30/oz, and their investor package is showing 60% recovery rates on silver, and has 8 mill in cash.
maybe they will ramp up production, and maybe they will get some better/cheaper to produce grades, but its a very small scale operation compared to FM.
So again, calling out FM as a liar for not even mentioning a mine that isnt in the same league is a huge stretch at best, and malicious at worst.
Carter Rivera
>I'll shell 10 bucks for the stacker over a generic secondary Not wrong. It can get higher than that occasionally. You're clearly keeping do diligence. Vuttons tend to be hard to stack altogether without individual round containers. You can get creative in how to store them though too.
Gavin Jones
We still got the election, vaccine news, and all the debates. Huge volatility inc. We can buy all of those dips until they crash the currency for FEDNOW.
Noah Lee
Hot chili
Angel Moore
Q2 earnings of 2020 give the 90% figure:
"IMPACT is considered one of the purest silver producers in Mexico. IMPACT’s primary production metal is silver with approximately 90% of its revenues currently generated by silver. Since 2006, the Company has carried out programs of exploration, development and mine production in both districts, bringing eight sites from exploration drilling to development and mining. IMPACT has produced over 10 million ounces of silver since 2006 and generated over $198 million in revenues. As a result, a significant portion of over $80 million in capital expenditures and exploration on the properties was funded by operations and the company still has no long-term debt."
Whenever Rob Kientz talks about purity of silver miners, he's always careful to say that First Majestic is the purest producer "except for Impact Silver." I rarely hear people talk about FR as the purest silver producer without any qualification. It's only valid to say it's the purest major silver producer. Keith was wrong to say that FR is the "purest silver company," which is what he said in that interview. That's simply a fact.
Jose Parker
Speaking of election anyone else put bets on coal mines in light of trump victory?
Mason Moore
Stop going up! Crash to march lows or below dammit! Rolling
Joseph Taylor
No, going into uranium, and silver mining since 4th quarter report will shock people.
Adam Rivera
Damn user you came up on that lucky condor
Jace Robinson
What are you guys thinking the move is tomorrow morning?
