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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 impeon Jun 03, 2022 1:54am
119 Views
Post# 34728594

RE:RE:RE:A POORLY CONSTRUCTED RIGHTS ISSUE

RE:RE:RE:A POORLY CONSTRUCTED RIGHTS ISSUEME and crew are probably looking at percentage of ownership, not share price. Their ownership has been slowly increasing, and this will probably increase it further with an oversubscription.

On the positive, they are testing out the MP mill now, and have mined a large stockpile of ore. Reserve calculations for East Ridge should also come out in the forseeable future. But the criticisms are valid. Should be happy with the 3 dollar shares come 2024, even 2023.
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