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5/20/16

The cost of capital...

...is not the same for everyone. For example, if I were a shareholder of IMPACT Silver (IPT.v) this morning...



...I'd be feeling a little miffed about this:

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 20, 2016) - IMPACT Silver Corp. (TSX VENTURE:IPT) ("IMPACT" or the "Corporation") is pleased to announce a brokered private placement (the "Private Placement") of a minimum of $3,000,000 worth of units (each a "Unit"), at a price of $0.57 per Unit (a minimum of 5,263,158 units). Each Unit consists of one common share and one-half of one warrant. continues here

It's also interesting because the last drill hit that came from IPT was a very good one that caught the eye of at least one of my geol pals.