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Imperial Metals Corp T.III

Alternate Symbol(s):  IPMLF

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 Jul 20, 2023 9:01am
165 Views
Post# 35549462

RE:Market capitalization comparison

RE:Market capitalization comparisonYou couldn't be more right in your analysis. In addition to the investment and added value since the breach - infrastructure added at RC, fully serviced operation from Hydro Power making RC one of the few large scale mines with no consequential carbon emissions, Equipment including electric heavy movers and a resource base that has expanded by a min 40% since the last "real" valuation- when NCM paid 1.3bn for 70% along with $70m raised in 2023 with no associated dilution makes the SP look ridiculous. Now add in MP's progress together with current metal prices & go forward demand, and a smart person might think to be a ........
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