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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

Bullboard Posts
Comment by teeveeon Dec 14, 2014 8:55pm
162 Views
Post# 23229672

RE:RE:RE:where is the permit to discharge tailings?

RE:RE:RE:where is the permit to discharge tailings?
diamondlessnono wrote:
tv /iii will not go bankrupt as in 2015 / gold will hit around 2000.00


Price of gold is meaningless when not in production generating cash flow.....even IF the gov't issues the permit this week, III must mine and mill and ship enough concentrate and then wait to get paid. That is for sure another 4 months without cash flow. It costs money to operate so even if III gets into production, it will have to either borrow more money and/or issue more debentures....
Bullboard Posts