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speedybure (< 20)

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

Recs

16

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 (27.97) 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 (27.97) 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:

http://www.impactsilver.com/s/NewsReleases.asp?ReportID=503307&_Type=News-Releases&_Title=IMPACT-Silver-2011-Exploration-Review-and-2012-Outlook

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

Sky  Pilot

Official Web Link Assistant to Sinch

Speedy,

Good to see you posting!

Thanks, for the D. D.

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