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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 Temeraire2on Jun 25, 2024 12:24pm
47 Views
Post# 36105195

RE:Red Chris Feasibility Study and Mineral Resource Reports

RE:Red Chris Feasibility Study and Mineral Resource Reports...I share your dissappointment.  The company is being run according to ME's agenda.  No need for anyone to explain that we could have been diluted away a long time ago etc,.. I get that.   It's just simply bad practice & poor governance to treat shareholders as an after thought while collecting 12% on one's money.  Full disclosure in being a frustrated sharehostage like many others.  I feel like I bought HP instead of MSFT given how well CU has performed and will no doubt continue doing.  If this remains a story where the RC pro rata expense is funded purely by MTPoley the shareprice goes nowhere for several years.  Poor Brian telling us that the project is so bankable yet lines up no financing or royalty arrangement - great story that has sadly been a poor investment.  Hope you owned CNQ!
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