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.

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Imperial Metals Corp

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Comment by egsson Oct 12, 2017 11:39am

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Post# 26804372

RE:RE:RE:Tomorrow is D-DAY! Taking bets and best guesses!

I think part of what you say is correct, but they need to reduce debt! I would like to see rights offering or conversion of part of debt to equity, this would deventually give them ability to expand RC and when that happens if copper stays up we will be bleeeding $$$$$$$$$ LOL to all. I'm really hoping for improved recoveries.

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Corus reports Q1 profit drop in the face of falling revenue