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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
Post by Bravohiton Feb 01, 2019 2:27pm
115 Views
Post# 29307029

Steady as she goes....

Steady as she goes....There was to be a deal by Nov 1st. Than end of year for sure. They hired BMO to assist. For sure by February! Trust us we will have a plan by Q4 reporting period!!!...... Than a 1.2 mill buy, divested his investment. Based on the agreement he earns percentage on the number of shares ME owns.... the situation is still ballsheet. Its hot potato... So what does it all mean. Numbers from RC are okey. Concentration is up, which is good, but a year late. What will most likely happen is what happen with ABX after they closed a number of mines and reformatted their operations. Next reporting period will be positive. The stock price will rise to about 2.3 / 2.4 level ....ME will create a new Fund and transfer shares, continuing the musical chairs game. Hopefully the mine will be positive at that point. If I had to guess we wont see the 3$ level unless price of copper goes up significantly to the early 2018 level of 3.21$ ....now at 2.7.... RC is reportedly profitable at 2.5$ (all expenses in). BH
Bullboard Posts