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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 Temeraire2on Dec 20, 2024 7:53pm
74 Views
Post# 36373177

RE:Tax loss selling ending - relief in sight?

RE:Tax loss selling ending - relief in sight?...and as you mentioned earlier, MT Polley is humming so another strong quarter and year end can be counted on.  In the meantime, ME wont be rolling over on the Fisheries charges - think in terms of years.  The range is $500k/6MM per charge x 15 so worse case  $7.5MM - $90MM. Efforts at remediating and having spent $70MM will factor in to any eventual judgement.   All the while RC is what matters most.  Selling today can't be anything but for tax loss purposes. Not sure those looking to get back in will have an easy time accumulating meaningful vol......
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