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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 Thrifty23on May 13, 2020 6:34am
66 Views
Post# 31020776

RE:RE:Why buy?? Why?

RE:RE:Why buy?? Why?Why buy?

I own it because of the multie decade resource opportunity, Newcrest (working with newcrest who says it similar to their top mine which is the lowest cost gold mine In the world)and multie decade holders! Looking at the current earning realease still net cash of 40 million and now cash flow positive. Recovery rates finally improving :). This is the key and should keep improving with Newcrest on board . Still think we can get recovery rates up to the high 70s low 80s for gold. 
Bullboard Posts