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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 temeraireon Jul 09, 2022 7:46am
183 Views
Post# 34812622

RE:RE:RE:RE:Brutal

RE:RE:RE:RE:Brutal

To be clear it is a wager on NCM and RC.  "Retired" Brian has consistently shown a lack of wisdom/smarts/operating skill. For eg, to have not taken out any hedges when CU had run up to help with the eventual fixed costs that were quantifiable and known via a vis commitments to RC Dec costs was incredible.   He failed to appreciate that once RC was at production hedges would not be the right answer - just as RIO, FCX ANTO operate given their tremendous resource base.  Even a jr banker could have helped the company and avoided the need to dilute shareholders ....again   


 

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