Beiträge von Tschonko

[quote]Original von Ulfur
BFS verschoben, wegen

- gestiegener Kapitalkosten (Verdoppelt ggü Scoping Study ! )
- gestiegener Betriebskosten
- gesunkener Goldgrad der Reserven ( fast halbiert von 6,25 g/t auf 3,91 g/t ! )
quote]

Und alles so plötzlich. Das sind vielleicht Komiker!
Gogh, ich hoffe, du kennst das Management nicht persönlich als Großaktionär......

Nach Nachkauf steht mir nicht der Sinn, verkaufen tu ich bei so einer Meldung auch nicht. Obwohl ich Lust dazu hätte....

Ich ärger mich auch über das PP bei cabo zu dem Zeitpunkt.
Wenn IMMC eines macht, muss sein.

Grüße
tschonko

@edel,
hast du die schon gekannt.
Wie gesagt nicht einmal ein thread bei w.o.
Bin auf die gestoßen, weil sie in der Nähe von FR.V ist.
methode: bei symbol look bei yahoo silver eingeben:
Dann kriegst du eine List, jöööööhhh
Dann durchackern!
Radius ist gut,
interessanter imho aurogin: little producer und großes gebiet im Cortez trend zur exploration.
Die ist mir davon gelaufen. In D hatte ich mal eine woche eine Order drin.
Konnte man bis jetzt vergessen.

gutso,
das ist eine Meldung, die serrr interessant ist.
Wir haben ja neulich über montana u. die politischen veränderungen gesprochen.

Silver Wheaton kauft sich kräftig bei Revett Minerals ein.
Nicht was in Mexico, nein sie nehmen Montana.

Einige feinheiten drinnen, darum lesen:
http://biz.yahoo.com/iw/061124/0188077.html

Grüße
Tschonko

Edel,
da war der Wunsch der Vater......

Lenz,
hab es soeben bei den silber comp. erwähnt:

Aber am schönsten ist die Röstung der shorties bei FR.V.

Ein Genuss!!

Nebeneffekt: Keiner will mehr Geld für FSR Aktien sondern tauscht.
Und die warrants die so zw. 4 und 5 liegen könnten, wenn es so weitergeht auch getauscht werden.

Übrigens hat FR.V in D eine neue WKN: A0LHKJ

zwyss,
ich glaub, es geht schon.
Man braucht halt einen US-Broker.
e-trade oder
interactive brokers

Aber siehst eh, was da rauskommen kann.
Ich mach es nicht, weil es mir zu umständlich ist.
Mach nur das, was ich glaub, dass ich kann.
und da lern ich dann auch brav dazu.

Grüße
Tschonko

Zitat

Original von Tschonko
Die
Silver Eagle Mines - SEG.TO http://www.silvereaglemines.com/
ist eine nähere Betrachtung wert.

Habt ihr von der schon gehört? Bei w.o. gibt es keinen Thread.
Sehr gutes, aber aufgeblähtes Management.
Relativ hohe MC.
Dafür haben sie auch einiges zu bieten.

Das resource update dürfte heftig ausfallen. Anfang 07.

Bulk sample production, fully permitted sollte auch bald starten.
Ist aber sehr klein.

Ich hab sie noch nicht, aber sie ist nun auf Seite 1 angeführt.

Siehe auch Karte von gestern abend auf dieser Seite.

Make DD!

Oder auch FF, mir wurscht!

http://biz.yahoo.com/ccn/061123/200611230359534001.html?.v=1

Grüße
t.

Alles anzeigen

Heute gab´s schon die ersten Käufe in D.

Impact steigt asuch weiter.

Aber am schönsten ist die Röstung der shorties bei FR.V.
Siehe First majestics Thread Zwyss-Tschonko.

Ein Genuss!!
Nebeneffekt: Keiner will mehr Geld für FSR Aktien sondern tauscht.
Und die warrants die so zw. 4 und 5 liegen könnten, wenn es so weitergeht auch getauscht werden.
Übrigens hat FR.V in D eine neue WKN: A0LHKJ

Kann ruhig wer rüberkopieren!

Von den hier erwähnten Guatemala aktien (nach der Messe)
ist Aurogin der Hammer.(ca 100% seit mi Nov.)
Dann kommt Radius.
Und dann kommt Goldex.
Welche von den dreien hab ich?
Einmal darf man raten!
Goldex!

grüße
tschonko

Die
Silver Eagle Mines - SEG.TO http://www.silvereaglemines.com/
ist eine nähere Betrachtung wert.

Habt ihr von der schon gehört? Bei w.o. gibt es keinen Thread.
Sehr gutes, aber aufgeblähtes Management.
Relativ hohe MC.
Dafür haben sie auch einiges zu bieten.

Das resource update dürfte heftig ausfallen. Anfang 07.

Bulk sample production, fully permitted sollte auch bald starten.
Ist aber sehr klein.

Ich hab sie noch nicht, aber sie ist nun auf Seite 1 angeführt.

Siehe auch Karte von gestern abend auf dieser Seite.

Make DD!

Oder auch FF, mir wurscht!

http://biz.yahoo.com/ccn/061123/200611230359534001.html?.v=1

Grüße
t.

@edel,
bei mir funzt der Link. Server??

Fenelon Projekt ist wohl das Aussichtsreichste.
Bei Cornerstone haben sie erst relativ wenig Ergebnisse.
Die heutigen waren ja nicht so übel.
In 3-4 Monaten wissen wir mehr.
Immerhin +13%.

Ich bin mit beiden positionen im minus.
Aber jetzt ein Kauf, bin leider nicht flüssig.

Grüße
Tschonko

Eine sehr gute Meldung, das gebiet liegt ganz nahe an der produzierenden Mine.
Wirklich ordentlich!

Claude Resources discovers more gold on Shane Property

http://biz.yahoo.com/cnw/06112…deres_golddisco.html?.v=1

American Bonanza (BZA.TO): Drillergebnisse von Copperstone Arizona

http://biz.yahoo.com/iw/061123/0187919.html

Bonanza is a gold company engaged in the acquisition, exploration and development of high-grade gold properties located in the United States and Canada, areas specifically chosen for their large gold endowments and stable political climates. Bonanza is advancing both its high grade Copperstone gold property in Arizona and the Fenelon gold project in Quebec. Bonanza is well financed with no long-term debt. For additional information about Bonanza please visit our website at http://www.americanbonanza.com.

Grüße
Tschonko

Emoba, der Hottman hat wieder 40000 bei Portal (PDO.V) gekauft.

nicht angezeigt

gutso,
dass sit das wichtigste, dass was kleben bleibt...

Zugefügt auf Seite 1:
Silver Eagle Mines - SEG.TO http://www.silvereaglemines.com/

Great Panther Increases Production at Mexican Silver Mines
vor allem die 2. mill auf 700 to per day ist sehr gut
http://www.silverstrategies.com/story.aspx?local=h&id=13563

Edel, da könnte es was werden mit den 4 mille oz.
Bisher sind sie laut Homepage von 3,5 Mille ausgegangen.
Müsste man mal durchrechnen.

Kann ja mal die Berechnungen von Impact hier reinstellen.
Gutso hat da eine gute Tabelle gemacht.

UC Resources Ltd.
Presidents Message – November 2006

http://www.silverstrategies.com/story.aspx?local=h&id=13562

UC Resources has recently achieved significant milestones as part of our stated business plan to build asset value for our shareholders. Earlier this year we announced that an agreement had been reached for the acquisition of Minera Silver Creek S.A. de C.V., a Mexican company controlling two past producing mining projects. We were very pleased to confirm the successful closing of the acquisition on August 10th, and I would like to describe in detail how the transaction has made your company a much stronger vehicle to move forward with our primary goal to discover new mineral resources.

The total purchase price for this acquisition amounted to cash payments of US$490,000 and the issuance of 6 million shares of UC Resources worth an approximate value of $3 million at the time of the transaction. It should be noted that the willingness of the vendors to accept share capital for the majority of the purchase price is an endorsement of the potential they feel UC Resources represents going forward. We believe this acquisition was negotiated at a very fair price that is well below that of many other projects offering less potential which have been acquired this year by other companies.

Our growth strategy for your company is to secure acquisitions that offer both the potential for rapid development to achieve production, and also the exploration potential for new discovery. As a full time resident of Mexico, I am able to review several new projects each week, and as such I have the luxury to be very selective in those projects that we opt to pursue. Minera Silver Creeck met all of our criteria as a prime target for our growth objectives, and the acquisition was completed under terms that were not overly dilutive to our share structure.

Mineral exploration is a capital intensive undertaking, and in recognition of that fact, we believe the best way to continue with our programs is to become self-financing through internally generated cash flow from operations. Each of the projects controlled by Minera Silver Creeck includes 100% ownership of operational milling facilities, along with run-of-mine material in surface stockpiles that can be processed, and tailings from past production that can be reprocessed economically to recover residual silver and gold values. I should emphasize that mining activity in Mexico has increased sharply over the last year or two, and modern milling equipment has become very expensive and difficult to obtain as a result. We believe that just the mills acquired in this deal have a market value greater than the purchase price of the entire transaction.

We have already hired the technical and production staff necessary to run and maintain the mills, and we are working to complete refurbishment and upgrades to ensure that the equipment can run efficiently. Our goal is to commence production by the end of this year.

The La Yesca Project will have the capacity to process feedstock at a rate of about 200 tons per day. Based on the work completed by qualified geologists as part of our due diligence, we estimate that approximately 225,000 tons of tailings are on site and ready for reprocessing, with average grades of 2.0 gpt Au and 220 gpt Ag. This alone will allow for more than 3 years of production.

At MAR, the story is also very good. Our original assessment of this project included a historical estimate of 1.4 million tons of resources (not compliant within the guidelines of NI43-101) remaining in situ within the mine. During our due diligence, based on underground mapping and sampling of the workings, we now believe that the mine could host even greater resources, and there is excellent potential to justify further exploration. A modern portable mill with a capacity of 100 tons per day is on site and can be put into production with minimal preparation time.

Combined, we anticipate that the production volumes from the two projects, processing economic grades of material with limited operating costs, will be sufficient to generate steady cash flow that will contribute towards exploration funding and limit the need for further share capital dilution in the future.

Regarding future transactions, we are very pleased that we have just recently signed a Letter of Intent to purchase 90% of the outstanding shares of Minera El Alizal S.A. de C.V. The main asset of El Alizal is the La Dura Project. We believe that this acquisition fits in perfectly with our long term objectives. We are currently in the due diligence phase on this project, and as such we are limited at this time as to what can be disclosed. We expect to close this transaction sometime in September. A more detailed update will be available in the October President's Letter, after we have closed the transaction.

Your company is rapidly growing, and now controls one of the largest total property holdings in Mexico. The area controlled at our Copalquin Project amounts to 641 square kilometers, the La Yesca Property extends across 60 square kilometers, a further 10 square kilometers comprise our holdings at the MAR Property, and the La Dura Project, once acquired, will total in excess of 70 square kilometers. This property inventory has been acquired cheaply, yet is highly prospective for mineral exploration. Each project has seen some form of historic mining activity, and three of them have operational milling facilities on site.

To retain greater control over the various costs associated with our drilling programs, we decided to purchase two modern, portable drills that will be suitable for advancing future exploration plans. We likely will be looking at adding similar drills for the La Yesca, La Dura and MAR projects, as these projects develop. If the decision is made to purchase additional drills, then we will also plan to hire experienced drillers, who will train our own staff to man the drills that we will have in our inventory. This way we will not have to rely on the contractors’ availability to continue our exploration programs, and we will avoid potentially lengthy delays. All of this is in an effort to reduce costs, and to maintain our own self-sufficiency. Rising costs and limited availability of equipment from drilling contractors contributed to the decision. We anticipate that the purchase of the two drills will reduce significantly the long-term exploration costs that are incurred.

In an effort to reduce transportation costs, we are also considering the purchase of a light fixed-wing aircraft, to service our supply needs at our various work camps. La Yesca, La Dura and Copalquin all have airstrips in the immediate vicinity. The drills that are being built for us are designed to be moved with a light aircraft, like a Cessna 206, which is a sturdy and very reliable aircraft with fixed gear, and known as a workhorse in the aviation industry. This could very possibly save us from paying exorbitant fees in the future when hiring helicopters. Transportation costs in our Phase II program were extremely high, therefore, an analysis of these costs is certainly in order. Again, we are looking to be as efficient as possible.

In the months ahead, your company will work to establish commercial production from the newly acquired projects in the now wholly owned Minera Silver Creek division, which include both MAR and La Yesca. Evidently, once the La Dura Project is finalized, we will look to bring that division up and running as rapidly as we can.

We have also begun another round of exploration to begin at Copalquin to follow up on the earlier successes that we reported during the preliminary and the Phase II programs. In addition, there are numerous projects that we continue to evaluate with the objective of securing additional acquisitions where they may be successfully concluded at a price that will generate further value for shareholders. UC Resources is one of the most active and accomplished mining companies in Mexico and we will remain focused to continue the momentum that we have generated this year.

Sincerely,
Richard J. Hamelin, President/Director

For further information:
Contact Vancouver Head Office
#1000, 355 Burrard Street Vancouver, B.C. V6C2G8 Canada
Toll Free: 1-800-366-8566 (Canada & USA)
Website: http://www.ucresources.net

Hallo gutso,
Impact fördert noch zu wenig oz., dass sie ein target wären.
Noch nicht. Kann sich 2007 schon ändern.
Durch energold können die auch immer drillen.

Silber läuft da auch etwas anders wie Gold.
Targets werden hier zuerst producer sein mit so um die 2 mill oz.

Bei Minera Andes hat sich Rob Mc Ewen eingekauft. Die arbeiten eng mit Hochschild zusammen.

Hier kann man auch mögliche Kandidaten für FR.V ausmachen.
Beachte, von wem die map ist!

[Blockierte Grafik: http://www.silvereaglemines.com/images/c1.jpg]

Grüße
Tschonko

PS.: Ich sing heute statt Corinna , Corinna immer Sabina, Sabina........

nicht angezeigt

hallo eldo,
da hast aber den Staubsauger verärgert.
Da hat einer immer unten einbisserl abgesaugt....

Zu IMA kriegst a mail und ein blaues Bilderl stell ich dir auch noch hier rein, weil du a bisserl angeschoben hast.

Gogh stänkert: die erlauchten Erleuchteten......

Soll mal das lesen: Wachstumswert.....

http://biz.yahoo.com/ccn/061121/200611210359311001.html?.v=1

Energold Announces Record Number of Metres Drilled and Expansion of Drill FleetTuesday November 21, 5:28 pm ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 21, 2006) - Energold Drilling Corp. ("the Company") (TSX VENTURE:EGD - News) is pleased to announce that is had drilled a record number of metres for the first nine months of year and is on target for a year over year production increase of more than 60%. The Company fully consolidates the total metreage drilled by its 50.01%-owned Pac Rim Drilling S.A.C., 50%-owned subsidiary Kluane International Drilling and its affiliates.

Record Metres Drilled

Energold's recent rapid expansion of its drilling capacity as well as its aggressive program of both accessing new markets and increasing its presence in existing markets, has come at the right time in response to the world-wide demand for drilling services. The effect of these additions has led to record levels of production in the second and again the third quarter. Metres drilled in the third quarter were in excess of 56,000. For the first nine-months of the year, 140,000 metres were drilled, up over 59% from the comparable period in 2005.

Summary of Quarterly (Q) and Year to Date (YTD) Metres Drilled
--------------------------------------------------------------------------
3rd Q 3rd Q % YTD YTD %
September 30, 2006 2006 2005 Change 2006 2005 Change
--------------------------------------------------------------------------
Metres Drilled 56,000 31,000 81 140,000 88,000 59
--------------------------------------------------------------------------

The fourth quarter has also commenced with a significantly higher level of activity than in comparable quarters. The number of operations as well as their duration should result in another quarter of strong revenue. With new rigs in place and new equipment under construction we expect to capitalize on the continuing demand.

Expansion of Drill Fleet

As of this date, the Company has a total of 26 drills either jointly or wholly owned, in the field or being mobilized and 4 additional drills under construction. The drills added during the third quarter along with those under construction are all wholly-owned. Over the next 12-18 months, the Company anticipates the addition of approximately 6-8 of its Series II and Series III wholly-owned drill rigs.
Energold Drilling Corp. is an environmentally and socially sensitive diamond drilling company that services the mining industry. Energold also holds a controlling interest in silver producer IMPACT Silver Corp. and a project portfolio in the Dominican Republic.

On behalf of the Directors of Energold Drilling Corp.

Frederick W. Davidson, President, CEO

Hallo Lenz,
eine relativ einfache geschichte.

FR macht PP.
Die Profis die mitmachen, verkaufen etwas vom Bestand (was sie halten) und gehen gleichzeitig short, weil das ja drückt.
Doppelter Gewinn.

Manchmal werden sie geröstet und dann kommt schadenfreude auf....

Grüße
tschonko

Hallo Eldo,
die hab ich auch und halte sie für aussichtsreich.

http://biz.yahoo.com/ccn/061110/200611100356824001.html?.v=1

Alexis Minerals Corporation is a Canadian exploration and development company listed on the TSX Venture Exchange. Alexis holds an outstanding portfolio of properties covering the Val-d'Or and Rouyn-Noranda Mining Camps in Quebec. Alexis is following strategic exploration approaches across these properties for both gold and base metals, with a focus on the potential for gold production from the 100%-owned Lac Herbin and Lac Pelletier deposits during 2007 - 2008. Alexis has a clear route to 100% ownership of all interests of Aur Resources on approximately 212 square kilometres of the Val-d'Or Mining Camp. Alexis has purchased the 1400 tonne per day Aurbel gold mil and holds a 100%-interest in the Aurbel property. The Company is also currently advancing towards a 50% interest in 825 square kilometres of the Rouyn-Noranda Mining Camp in JV with Xstrata Plc (formerly Falconbridge Ltd.).

1400 To mill, da geht schon was.
Und Val`dor, das kommende gebiet in Kanada.

Grüße
tschonko

nicht angezeigt
Aber das hier hat es mir auch schon ein paar mal nicht angezeigt

Excellon Reports Record Financial Results for 2006

ein elendslanger Bericht mit vielen Tabellen, darum nur der link.
http://biz.yahoo.com/ccn/061121/200611210359163001.html?.v=1

Ein paar Auszüge:
is pleased to report record operating cash flow of $3,985,000 for the year ended July 31, 2006. Excellon's cash flow since then has continued to grow, and the Company now has over $13 million cash on hand. Other results from the year ended July 31, 2006 include:

Verlust von 0,04 von vorher 0,07.
Da sind aber die Silber debentures miteingerechnet.

Siehe hier:
The loss for the year ended July 31, 2006 is primarily due to the valuation loss of $6,900,115 (2005 - $406,065) in connection with the Company's silver debentures and total amortization costs of $7,635,003 (2005 - $1,632,942), both of which are non-cash items. Under generally accepted accounting principles, the Company is required, at the end of each fiscal period, to value the silver debentures at the market value of the silver bullion (1,800,000 ounces) potentially deliverable in connection with the repayment of the debentures. As a consequence, the significant increase in the price of silver during the fiscal year increased the value of the silver potentially deliverable upon repayment of the debentures, thereby significantly increasing the accounting loss. The amortization costs relate to the Company's Platosa/Saltierra mineral properties, which have now been written-down to $5,180,872 at July 31, 2006 from $12,202,471 at July 31, 2005. The operating results for 2005 are not comparable with those for 2006 as, while the test-mining program began in August 2004, actual production only began in May 2005.

Die debentures sollen im Juni 07 auslaufen.
Der markt sieht die Zahlen negativ, ich sehe sie hervorragend.
Aber ich kenn mich nicht aus.
Bohrergebnisse sind ja auch noch zu erwarten.

Auch nicht schlecht:

Silver Dragon Resources Inc. Pours First Silver Bar at the Erbahuo Silver Mine, China

http://biz.yahoo.com/iw/061121/0187230.html

Sie behalten das Silber: Ist ja nicht viel!

Management has agreed that producing silver dore bars, as opposed to producing precipitates, would allow the Company to store the bars for future sales should silver prices increase. Additional bars are being poured. Custom made molds are being created with Silver Dragon's logo embossed for identification. Photos of this milestone event are posted on the Company's web site.

Grüße
Tschonko

Sieh an, sieh an
und plötzlich ist auch Umsatz da.

Bei Kurs von Impact 1,5 C$ ist der Energold Anteil an Impact alleine 10 Mille wert.
Bei einer Marktkapitalisierung von 24 Mille.

Es ist ein seltenes Schnäppchen wie schon im Erstposting erwähnt.

Grüße
tschonko

gutso,
Mann oh Mann, was du alles ausgräbst.
Die Aura silver wär ja auch sehr interessant.
Nur die haben nun keine Homepage mehr.

Impact marschiert weiter:
http://biz.yahoo.com/ccn/061120/200611200359063001.html?.v=1

Mining Operations - New working faces have been opened in the mines along with significant changes made to the deployment and scheduling of mining equipment in order to eliminate operational bottlenecks. Much of the mining equipment has been upgraded including having rebuilt five of the six scoop-trams. A new mine geologist was hired and the refurbishment of the wholly owned underground drill has expanded underground exploration efforts and lead to the discovery of several intermediate high grade veins in the Guadalupe Mine that are now being mined. New computerized equipment has been installed and additional staff hired, to map and monitor exploration, mining and processing operations. The mine now communicates with the Vancouver head office via new telephone links and a satellite high-speed internet connection.

Processing Plant - Metallurgical studies have led to significantly increased metal recoveries. The 7' by 10' ball mill has been refurbished and rebalanced, and both ball mills have been outfitted with new liners. Conveyor belts have been replaced throughout the plant. The zinc concentrate drier has been refurbished and work is now proceeding on the lead-silver concentrate drier. The head grade, concentrates and tailings samplers have been replaced. A full inventory of spare parts for the mining equipment and mill has been purchased.

Ein Meilenstein für Clifton:
http://biz.yahoo.com/prnews/061121/to309.html?.v=7

US Patent Office Issues Landmark Silver Patents to ABL
Tuesday November 21, 7:00 am ET
Clifton Mining Company Inc. (OTC : CFTN)

ALPINE, UT, Nov. 21 /PRNewswire-FirstCall/ - The United States Patent and Trademark Office has just issued a landmark silver product and use patent to American Silver, LLC parent company of American Biotech Labs, LLC (ABL). ABL is a private company of which Clifton owns 23%. The patent number is 7,135,195 and the patent can be accessed from search engines or directly from this page.

Hallo allerseits,
danke für die Anteilnahme,
war ja fast wie Kirtag!

Hommel Push war wirksam bei Clifton und Arian
(edel, ich wart noch etwas bei Arian wegen listenaufnahme)

Sabina hat nach 1,3 bei 1,5 die nächste Hürde.
Impact hat auch zugelegt.

Hier ein Minenbericht von Doug Beiers:
derselbe, der über Energold geschrieben hat. Teil 2 über Impact folgt.

Grüße
Tschonko
(das Fake wurde angeblich gelöscht, Dank auch dafür.....
nur jetzt kann ich mich dort nicht mehr anmelden :D)

Thu Oct 26, 2006 10:49 am Post subject: Impact Silver IPT.V

Mine Visit

Just returned from visiting the Impact mine yesterday afternoon and even
before I began unpacking I sold 1/2 my Wolfden shares to add to my already overweighted position in IPT. It was tempting to sell more holdings for even more IPT but I do want to keep some diversification in other stocks I feel are very undervalued.

This morning i still haven\'t unpacked but want to at least fill you all in
on some of my thoughts and observations before the market opens in case some here want to add more or get a position in IPT.

I do belive this company is on the verge of being "discovered".

To save time I will be brief:

- this region is some of the most beautiful country I have ever had the
pleasure to view. The elevation is around 6,000\' - rolling hills with neat
homes widely scattered over the region. Quite a bit of small scale farming, agriculture, cattle, sheep etc. As we toured the property it was common to see families leading a burro down mountain paths to various destinations or granny with her loaded shopping bags coming back from a trip to town, hiking up and down these endless trails that would daunt most of us here. On a little jut of land there was a school with basket ball court sitting on a precipice maybe 200\' by 300\' in dimentions. On 3 sides it was almost a sheer drop-off of a thousand feet or more to the valley below. Mind boggling.

- the townsite located a couple miles from the mine is pretty as a picture
and the people very friendly, quite isolated

- the statue in the town square is a miner, these people have been miners
for generations and Impact is the only operating mine in the region

- Impact controls the majority of the prospective land in the region,,, for
all intents and purposes controls all the prospective land base here

- the group I was with included representitives from brokerage firms, a
Director of an investment bank in Washington, Robert Moriarty, all of the
senior Mexican mine management along with Fred and Darrell. This is the first "media tour" as Fred was waiting until he was satisfied that most of the operational wrinkles were ironed out before showcasing it to the world

- Our experience was over-the-top throughout the entire visit, from the
clean accommodations, quality of meals to the beauty of the region and
knowledge and hospitality of the Mexican senior management.

Fred and his people put on a first class presentation in every way, all
surprises were to the upside.

People and Property

- The senior Mexican (bilingual) geologist who was trained by Goldcorp and 43-101 qualified seemed to know the property like the back of his hand. We drove over much of the property and on several mountain tops where you could see for miles he would point out a portal or adit and describe the vein(s) and give their history and grades, then he would trace the veins and discuss how they merged or split - again with the grades - down the mountain, across the valley and up the other mountain. This happened time after time from several different vantage points. There was no attempt to pump but it was obvious that his knowledge was impressive and he was extremely proud of
their resources.

- A professional mining engineer with (according to Fred) exceptional
credentials from Mexico City is on contract to IPT and spends 3-4 days a
week on site. Part of his effort goes toward keeping everyone focused on the overall mining "growth plan", supervising senior staff in that they are
properly coordinating their activities (quite complex in many ways), and a
strong work ethic (not slacking off). This guy gets a lot of respect from
everyone including President Fred Davidson.

- Geologist & Vice-President George Gorzynski spends most of his time on the property. It is obvious that he loves it there and is totally enamoured with the potential and actual value in-the-ground. He would like nothing more than to explore and drill and keep drilling to uncover what he believes is an endless source of rich silver veins on this 125+ square miles of property. This will come in time but for now his focus is more on a detailed study of veins that are the easiest to bring into production to get the mill up to 500tpd, currently around 200tpd. (more on that further down).

Property
It became obvious to all of us that there is so much silver here that they
will be mining it for decades if not hundreds of more years. The only time
this property has not been actively mined in its 400+ years of production is during times of war and revolution. This is because a valley that runs thru the property extends from Acapulco right to Mexico City and one of the
mountains/hills is a strategic location during times of war. In our
underground tours it was obvious that the rock is relatively easy to work
with as there were hardly any rock-bolts needed to stablize workings
creating a very safe working environment for the miners.

Production Plans
- if plans stay on course the mill should be up to 300tpd by January 2007,
getting to 500tpd depends on various items including permitting and the time needed to drive adits into discovered veins etc. Contrary to what many believe (new to me also) there are some veins here that are exceptionally wide. Two veins we were shown that will be coming into production very soon (if not already) measure between 12 and 25 metres grading between 400-600gpt silver.

Growth Plans
- the company is studing portable mills as there has been many substantial improvements with them. The cost of a complete mill that will produce concentrate looks like it would cost between $200-$400,000.00 for a 100-200tpd mill. Extremely economical. Two reasons for adding portable mills would be:

1/ cheaper to truck a concentrate than raw ore, if oil prices continue to
rise this would be add even more value to this
2/ Metallurgy. A different mix of metals would mean different chemicals in
the processing procedure (some areas of the property have copper content).
Rather than changing the process at their 500tpd operation it may make sense to add production with a portable mill. This could keep going as they explore further out.

Environmental
- no issues with any enviornmental situations I am aware of

Infrastructure Development
- they will be replacing some of the floatation cells over the next few
months, will cost a couple hundred thousand dollars.
- the tailings damn will have to be built up prior to getting up to 500tpd.
This is quite straight forward and they are studying the engineering to
decide the best approach.

Promotional
- The presentation folder/slide show by Fred was exceptional. They have
spent quite a lot of effort in organizing their "story". This new
presentation will form the base of their restructured website which
(hopefully) will be completed in the next week or 3. Both Bob Moriarty and I stressed how important a great website is to support the share price.
- Darrell now has the authority to prepare all news releases and has been working hard on this. Expect a steady stream of news from the company over the next several months.

Club Med facilities
There are about 15 residences on the mine site in a beautiful setting in
great shape. There is a swimming pool, badminton court and a recreation hall (party room) with bar owned by Impact. Bob Moriarty commented that these facilities alone are worth the market value of Impact shares. Fred has given many of these residences to some the senior mine management as a "benifit" for their use, rent free. This has been a major asset in acquiring and keeping some of the best Mexical mining people. Fred commented a couple times that miners from Mexico and Peru are among the best in the world and his crew are right at the top.

That\'s all for now, it ended up not being all that brief but the market has
been open for a while so best get this posted. There is so much to say about this mine and operation I find it difficult to quit writing. Not sure how I will organize the story in an article I want to do. I am so impressed I will
come across as a pumper if I don\'t restrain myself. We were all totally
impressed and all I can say is Fred deserves a ton of congratulations for
what is a complete success story that is now ready to be told to the
investment world.

Impact\'s day in the sun has arrived in my opinion.

Doug Beiers
The Simple Investor