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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.880+1.6%Nov 14 3:57 PM EST
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To: teevee who wrote (572)8/8/2010 8:48:06 PM
From: refugee investor  Read Replies (2) of 1366
 
It will be very interesting when Imp releases a revised resource estimate for Red Chris--maybe they will have to prior to raising money.
It might be easier and less risky to do a deal with a major mining co, which would have to do all the heavy lifting while Imp merely collected their share of the revenue.
I suppose the more they know about Red Chris (assuming good news)the better the terms of any deal they can negotiate, so maybe no rush. The pres.'s letters certainly don't give the impression that they are very excitable people or inclined to rush..
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