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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 Porksausageon Jan 05, 2018 8:40pm
59 Views
Post# 27294993

RE:Mt Polley layoff

RE:Mt Polley layoff
I wish I could say something more sophisticated or deeper and more mysterious. But unfortunately it comes down to money. They have none. Well that would be a tad of an understatement. Imperial is over 900 million in the red. Analyze their press release very carefully (thoughtfully) If you are tasked with important projects that must be done ( Tailings dam and Breach restoration which is mandatory I believe by government ) consider the high cost of these projects. Do you stop mining, which is the source of $$ which is how you pay for this..... Or is even the reason that you have a mine in the first place? Something very very wrong with this picture. If you believe what is being spun out to the press, then give me a call. I have some incredible Bre-x stock to offer you for a great price Cheers Pork
Bullboard Posts