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11/25/14

IMPACT Silver (IPT.v) 3q14 numbers

Time playing with numbers on a slow news days, IMPACT Silver (IPT.v) reported its quarter this morning edition.

Frankly they could have been a lot worse. Which surprised me. They're going to have a tough time in 4q14 with the lower silver price, plus it looks as though they're hi-grading (though the company says that grade fluctuates under normal circumstances and two mines have worked into higher grading material, so maybe doubt can be offered). But they're keeping head above water and ops got back to FCF+