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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (33966)6/5/2005 11:57:56 PM
From: jackjc  Read Replies (1) | Respond to of 110194
 
Talked to the IPT, Impact Minerals VP of exp, silver
producer just south of Genco in Jan at the gold show.
He had visited the Genco mill & facilities, said it was a
cadillac compared to their leased mill. No reflection on
IPT as the Mex operators often will not or can not flow
money back to improve their operations.

Exp potential: Only 5% of the large district has been exp
as they have mined the existing veins for hundreds of yrs.
The first drilling by GGC hit a rich ore shoot, now starting
to feed the mill. Exp potential is very high and 2 drills
will be working undergnd from now on.

But the faster growth is expected to be by acquisition.

This type post belongs on Russ' other thread loantech.