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

Imperial Metals Corp > Market capitalization comparison

<< Previous

Bullboard Posts

Next >>

Comment by miningfundion Jul 24, 2023 3:40pm

136 Views

Post# 35554777

RE:RE:Market capitalization comparison

Hi Bravohit, as I've said many times before, focus on the intrinsic value of the assets. For example, the RC PFS of November 2021 attributed a very conservative value of $673 million to III's 30% share i.e. currently $4.33 per share. That RC value has increased substantially since then - the FS is expected soon. Mount Polley is looking good. III will not be developing RC, NCM is the operator, III will just be paying its share. But I expect that III will be bought out before the development phase.

<< Previous

Bullboard Posts

Next >>

KWESST to provide situational awareness for the Canadian Red Cross