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Gold/Mining/Energy : Imperial Metals (IPM.T)
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To: refugee investor who wrote (573)8/8/2010 11:34:17 PM
From: teevee   of 1366
 
I doubt we will see a revised resource estimate until the annual statement filed every spring. I do expect another few deep holes to the west of the main zone as it would imply a second large deposit and all the attendant "blue sky".....Edwards did deals on Mount Polley and Huckleberry. If he did a deal with a major for 100% of development money for 40-50% of concentrate flow, I believe the stock would move to $30 on its way to $40 very quickly. My guess as to which major is RTP. What ever Edwards does, if Imperial Metals wants to break ground when the power line construction starts, I believe financing has to be all lined up to go with the start of power line construction, which could come very quickly after the 180 day community consultation period comes to an end this fall. Yet another scenario is to finance a smaller mine at say 50,000 tonnes/day and then brown fields one or two 50,000/day expansions down the road.
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