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

To: refugee investor who wrote (788)	3/3/2011 4:09:00 AM
From: refugee investor	Read Replies (1) \| Respond to of 1366

Imp still unknown? Do you have the feeling that the Imp story is hardly known? I do, though it is just an impression based on the lack of response on the otherwise very busy mining board at the Motley Fool which every day is full of excited posts about some miner or other discovering 4 meters at 1%-- chicken feed!

To: refugee investor who wrote (788)	3/3/2011 12:37:17 PM
From: teevee	Read Replies (1) \| Respond to of 1366

It is safe to assume that exploration expenditures will go to zero. If metal prices stay up, that will free up about $25 million/year, or about $75 million of the needed 400 million. Financing will be needed for at least $325 million. Yes, Red Chris is the asset that can transform Imperial Metals into a larger and stronger company, on a strong growth track. In addition to brown fields opportunities at Red Chris, Cat Face development will follow, but at least 5-7 years away.