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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 Feb 12, 2019 1:46pm
99 Views
Post# 29353935

RE:Bruce Berkowitz's Fairholme Capital Management 4th Quarter

RE:Bruce Berkowitz's Fairholme Capital Management 4th Quarter
The two (majority) shareholders will do well if Imperial Metals can stay above water. With interest rates as high as 12% the returns are definitely worthwhile. A significant amount of debt repayments are fullfilled with PP share issuances which does hurt the retail investors share valuation through dilution, but as Impe pointed out, if it was not for these two pillar investors, we all would have drowned long ago. In the meantime, we can all have fun buying and selling rollercoaster share prices.
Bullboard Posts