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Bullboard - Stock Discussion Forum 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... see more

TSX:III - Post Discussion

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Post by Freemealforall on Nov 30, 2021 9:59am

Shorting

More than 550k shares available for shorting (at high 35% fee !!!).... Since sept.shorting ratio did not fell bellow 45% (depending on vol.traded).... Shorters in full control - forget SP to rise in near future as (it seems) there is no interest of instit.investors in this share...... Only in extreme case (new interested party, NCM interest, etc....) we can expect SP rise, .... doomed even to <2 till some "good" news on ncm's fs study for rc in 2023 !!! till="" some="" "good"="" news="" on="" ncm's="" fs="" study="" for="" rc="" in="" 2023="" !!!="">
Comment by Bravohit on Nov 30, 2021 12:51pm
hi. you got a point. However I am a sucker for risk and gambiling. I bought today. Only a couple thousand but it went down so much couldnt help myself. Why Bravohit did you buy?? well funny you ask...technical report will have some surprises in it, and its a first step set up to raise the valuation of this mine in anticipation of getting a loan for a cool 800 mil US to sponsor the block cave ...more  
Comment by egss on Dec 01, 2021 11:56am
Big concern I think III has to raise funds to reopen mines and fund RC.
Comment by Bravohit on Dec 02, 2021 5:05pm
Agreed. However, the tech report will give so creedance to everything everyone was hoping for which is big reserves of gold and copper....
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