Imc Exploration Share Discussion Threads

[bad robot] 21/4/2021 14:05

The crew has mopped millions of shares and we are marching Northwards as promised.

BR's crew never surrenders. Enjoy getting Rich with the Red Mercury Crew all the way to 3.0p!!!!


BR
IN BR WE TRUST
RED MERCURY CREW

[bad robot] 16/4/2021 10:07

Morning all

I have taken circa 700K shs in all today in the lows. If it goes down I will double down, if it goes down again I will re-double. BR crew never surrenders, the Crew been buying today, as we missed yesterday morning pumping. It's do or die. !!!

BR
IN BR WE TRUST
RED MERCURY CREW

[mpd12] 15/4/2021 18:22

No placing however the RTO will be funded via dilution. IMC will issue shares to pay for the purchase of Mineral Ventures Invest Ireland from Mineral Ventures Invest. MVI Ireland owns Assat LLC which in turn owns the operating licence for the Karaberd gold mine in northern Armenia, along with the mine operating licence and a nearby ore-crushing production facility.

IMC will issue shares as payment that will give the seller [MVI] a 51% stake in the newly expanded company, making the proposed transaction a reverse takeover.

[ein4] 15/4/2021 17:11

Zac Mir mentions an initial target of 2.4p on Share Talk, this should attract some attention?

[viralspec] 15/4/2021 16:22

Dean

'proven 221000oz of GOLD and 434000oz of SILVER'


As a point of reference, COBR has proven 200,000 oz of Gold and is currently valued at twice the market cap of IMC.

So, food for thought.

[stealive] 15/4/2021 15:27

Expect 50% rise tomorrow 50 per cent

[shirley83] 15/4/2021 13:09

Warrants at 2p

[shirley83] 15/4/2021 13:07

Oh look dave4545 is here.

[richardp19] 15/4/2021 13:05

When is the placing

[shirley83] 15/4/2021 13:02

The proposed Acquisition will transform IMC by adding a mining project and will generate cash-flow for IMC from both the monthly contribution to working capital and future mining operations. Furthermore, the geographical reach of IMC will be extended outside of Ireland which may lead to further opportunities for growth of IMC".

[richardp19] 15/4/2021 12:50

When is the placing coming

[shirley83] 15/4/2021 09:59

Great result here. Should see a steady rise over the next few weeks

[deanmatlazin] 15/4/2021 08:41

market cap still low for proven 221000oz of GOLD and 434000oz of SILVER under the ground . Currently only measly £4.5m.

[deanmatlazin] 15/4/2021 07:58

RTO Gold mining in Armenia. Tiny Market cap with proven gold in the ground . A BIG BUY OPPORTUNITY

The Karaberd Mine is located in the Lori Marz province of the Republic of
Armenia and is owned by Assat, together with the Karaberd Mine Operating
License that includes a permitted exploitation area, which is valid until 2024.
Within the allotment, an area of 3.96 ha is currently licensed for mineral
extraction. The mineral resources estimate for the Karaberd Mine as at 20 May
2020 at a 0.8 g/t cut-off grade is as follows:

Mineral Tonnes Bulk Gold Silver Gold Silver
Resource (kt[1]) density (t/ grade (g/ grade (g/ content content
classification m3) t) t) (koz[2]) (koz)
category

Inferred 1,271.3 2.5 5.4 10.6 221 434