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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

Comment by Freemealforallon Oct 12, 2021 1:58pm
133 Views
Post# 33998076

RE:RE:RE:RE:The real potential???

RE:RE:RE:RE:The real potential???PFC is prepared basicaly on "old" reserves estimates with very conservative figures.... Once volumes (as per timeline) will hit, there should be no issue of costs !!! Basic question is, how the biggest shareholder will decide to fund III part of costs !!! The worst would be with some preffered shares, bonds, etc (so he can apply high int.rates !!!) - in this case he qill be able to grasp majority of gain for free (knowing funds he gets at 0 rate - or only a bit higher..... he will consider IRR int.... so for sure 8+)......
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