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speedybure (< 20)

Part 2 of 5 - Speedy's Top Silver Picks 2012



February 19, 2012 – Comments (3) | RELATED TICKERS: ISVLF

While I posted my top silver and gold miner for 2011 early last year, my top pick [Aurcana] would be number 2 or 3 this year but since TMFSinchura has covered it already, I don't see the need to repeat. As for gold, Atna did superbly given the performance of the overall industry. My pick for #4 is Impact Silver. It slowly but surely becoming a noticable silver producer reaching more or less 900k oz in 2011 AgEq. With significant production growth plans in 2013-2015, investors should pounce on this while the opportunity is still present as 2012 will not be an unevenful year either.  With production estimated to be approximately 1.1-1.2m Oz. in 2011, it will increase  to nealy 1.5-1.6mm oz this years as 3 mines reach initial planned capacity and Capire pilot plant turns out 200 tpd [300k+ oz] before a substancial  mill expansion planned to increase production to 2.2-2.4m oz in 2013 and 3.6-3.75m in 2014. In my personal view this will become a 3-5+ bagger over the next 2-3 yrs [unless it is acquired] solely based on these numbers, excluding likely recovery rates and further mill or mining optimizations. As for 2012, I'm expecting a jump to between $3 - $4/share.  

3 Comments – Post Your Own

#1) On February 20, 2012 at 11:13 AM, XMFSinchiruna (26.54) wrote:

Speedy, another fantastic pick!

Impact (ISVLF on the pink sheets) would certainly have made my top 5 if I were not limited to companies north of a $200m market cap. 

I've held the stock since aout 2007, but increades my stake dramatically late year as the very outlook you've referenced came into view. This is a core holding of mine, and I have strong expecttions or the shares.

I enjoyed a nice chat with the CEO in Vancouver. One of the reasons I think they were so happy to get going on the open pit construction is that their cash position may have represented the threat of a premature takeover. It may have a tough time warding off suiters ultimately, but as shateholders we want to see the re-rate bringing a more appropriate valuation before then piling on a generous takeover premium. I agree with speedy I can easily see the stock launching to $3-$4 on its own (though I'm not willing to attach a specific timeframe), and thereafter I begin to anticipate a takeover bid to somewhere over $5 to $6.

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#2) On February 20, 2012 at 11:31 AM, XMFSinchiruna (26.54) wrote:

Sorry for the typos... It's the iPad's weakness. :)

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#3) On February 23, 2012 at 6:57 AM, skypilot2005 (< 20) wrote:

January 23, 2012
IMPACT Silver 2011 Exploration Review and 2012 Outlook

Sky  Pilot

Official Web Link Assistant to Sinch


Good to see you posting!

Thanks, for the D. D.

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