Bruce Berkowitz Comments on Imperial Metals

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Feb 03, 2021

Copper prices increase with global growth and innovation. Gold rises with monetary expansion that cheapens paper money. Imperial Metals' (TSX:III, Financial) investment in Red Chris has world-class potential. Huckleberry and Mt. Polley may restart production with higher prices. King Copper drilled 20 grams of gold per ton over 3 meters. There are 20 other investments buried across British Columbia. Imperial has great expectations.

From Bruce Berkowitz (Trades, Portfolio)'s Fairholme Fund (Trades, Portfolio) 2020 annual shareholder letter.