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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 Mar 22, 2018 11:36pm
49 Views
Post# 27767321

RE:Share buyback

RE:Share buybackshare buy back? If there is unallocated cash, it should go against debt before buying shares back. 

VOKBLVR wrote: Company issued press release  indicating they will use some of their limited working cash to purchase shares on the open market.
I expect the 4th quarter results by the end of the month. With higher prices for copper and gold the results should be better, but winter is not the lowest cost time of year for any company in Canada.
Still hangijng on, hoping for better times ahead.


Bullboard Posts