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Imperial Metals Corp IPMLF


Primary Symbol: T.III

Imperial Metals Corporation is a Canada-based exploration, mine development and operating company. The Company’s holdings include the Mount Polley mine (100%), the Huckleberry mine (100%), the Red Chris mine (30%). The Company also holds a portfolio of about 23 greenfield exploration properties in British Columbia. The Mount Polley copper/gold mine in south-central British Columbia is owned 100% by Mount Polley Mining Corporation, a wholly owned subsidiary of the Company. The property encompasses about 24,096 hectares (ha) consisting of seven mining leases and 52 mineral claims. The Huckleberry copper mine in west-central British Columbia is 100% owned by Huckleberry Mines Ltd., a wholly owned subsidiary of the Company. The property encompasses about 25,767 ha, consisting of two mining leases and 49 mineral claims. Red Chris Development Company Ltd., a subsidiary of the Company, owns a 30% beneficial interest in the Red Chris copper/gold mine in northwest British Columbia.


TSX:III - Post by User

Comment by temeraireon Dec 13, 2022 2:48pm
158 Views
Post# 35169191

RE:RE:RE:RE:New debenture financing

RE:RE:RE:RE:New debenture financingAs usual finding common cause with your post is difficult.  ME could easily have taken the company private. Instead he did a deal that relatively speaking only modestly dilutes us. His 10% in this environment could have been higher out of the gate. There is lots of 10% paper left for anyone who has the room. I wish I had it. We're "producing" at MP and have grown RC's reserves materially since doing the deal with NCM. The mkt cap is a joke. The problem is that MGT (v.old) has developed no banking relationships, consistently under delivered, failed to push for sustainable financing when rates were a gift. Etc sip etc sip.......

PS: Can anyone explain why we keep drilling when money is scarce beyond the East zone???
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