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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (786)	3/3/2011 3:59:05 AM
From: refugee investor	Read Replies (2) \| Respond to of 1366

Didn't the latest brochure say that Red Chris could pay for itself in less than two years at current metals prices? I bet they borrow the money, $50 million here, $50 million there. An interesting question is how much of the $400 million odd cost can be covered by their own cash flow over the next two and a half years, again at current metals prices, maybe as much as $75 or $100 million? Looking ahead five or ten years, I can see Imp paying a dividend, and/or getting much bigger with new mines being developed.