Sep 22, 2012
Impact Silver is a producer that's highly profitable with $23mm in the bank and lots of liquidity. What we like about them is that they actually produce metal and generate cash. And if we're correct and metals prices continue their ascent, companies like Impact will really get a major price lift. We don't own them and are not sure if we ever will, but see them as a viable company that's bulding up its properties and intends to expand production over the next few years. The juniors have been a suicidal investment strategy over the past two years. Now it looks like they're starting to rise. Perhaps Impact could have a positive impact on your portfolio.