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 Vinson500on Feb 22, 2018 2:01pm

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Post# 27603640

RE:its simple - if it makes a profit price goes up

Thanks Bravo,

I agree.... the track record for performance with Red Chris is abysmal and no where near what was represented when the mine was coming together (ie $3/lb coppper pays off all debt in 2-3 years).

You'd have to wonder about their end-game of ME and supporting cast. Other than FHC the rest look to be in a holding pattern with their shares.

Q4 results should be known by now as Imperial will need to report on their financial covenants.

Its always darkest before the dawn and I hope we see some sunshine soon!

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