Imperial Metals Corp T.III

New Press Release - Imperial Announces $45 Million Non-Brokered Private Placement of Convertible Debentures

VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) announces its intention to secure additional financing for the restart of the Mount Polley Mine by way of a non-brokered private placement of $45 million aggregate principal amount...read article.

[egss]

Just tell me if he had not stepped up, we'd be long gone as it is he's been the bank forever and if I live long enough will make lots of $$$$$

[temeraire]

I struggle on this:  seems to me  the strategy is either to build a great company and grow rev/earnings or get out.  We sold 70% of RC - effectively commuting the company to being a rentier IOF if our stake.  We've also got some odd lots.  With know long term financial plan to ex cute we bounce around from one cash crisis to the next. Maybe we the simple solution Il is

[Bravohit]

.... you starting to sound like me... I am waiting for a good buy opportunity at 1.7... 

[temeraire]

No. My complaint is with Retire Brian. Weve been on care for two years and after finally getting to restart - we miss a full quarter due to unexpected operational challenges. Really?? Next we missed out on putting very profitable hedges in place when we clearly could not afford a decrease in CU pricing - another of the excuses given for the quarter and reason for ME to once again come to our

[miningman]

TEMAIRE,  have you ever run a mi ning company ??.  Brian K  is one of  the  pre eminent,minig develors in Vancouver,,..have you never heard  of  cross lake minnerals  (  25vcents  to  $6  )  or S Ariquipaa  resoures, 25 cents t over  $30   ]

[temeraire]

No. Everyone has a "retire by date".  What's relevant is what's been done while on point for us.  All spring when other miners were crushing ore we were stalled because of COVID.  Our latest quarter was more of the same. Very simply: results are all that matters. 

[temeraire]

....the other reason for not "sounding like" you is that you make stupid brains dead comments like "I'm buying at 1.7"  Stick with the basics of the book value of our shares and that we're 30% of one of the top 5 CU developments in the world!  Not to mention the jurisdiction and access to an abundance of Hydro electricity and water - both of which are

[Bravohit]

... well that didn't age well... coming close to that 1.70$... maybe not that dumb comment ..