Impact Silver Corp. (IPT.V)

CCL.B-T A great label maker. A fantastic story over the years. He would never recommend selling it. You also have IPT-T and have been selling weak with all the hurricanes in the last weeks. They create a lot of value but there is better value with IPT-T. He holds this over CCL.B-T because IPT-T are earlier in their life cycle of acquisitions.

It has come off over the last couple of weeks. A lot of people were playing it as a materials stock. The last couple of quarters were not that strong. There have been some increases in costs. The next couple of quarters should not be that strong. He is going to take a closer look at it if it comes down a little further.

Tapes, adhesive, old world. There were some operational issues in South Carolina recently. They might have missed their quarter. He is looking at it.

The advance is pretty much over. We had the ABC correction and we will see where it takes us. He does not see too much upside. The compelling story might keep you in.