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Re: Thegreatcanadian post# 85

Thursday, 03/12/2015 10:01:54 PM

Thursday, March 12, 2015 10:01:54 PM

Post# of 264
My definition of "next little while" is probably different than yours. Over the course of 2015 I expect the scandium story to become more well known and that shares in the most advanced projects will appreciate regardless of news-flow.

This year I would expect a few more drill updates and some news on mining licenses and maybe some potential claim acquisitions. They also said they are doing EIS work so there will probably be some environmental permitting and other final paperwork. All of this will lead up to a bankable feasibility study and and production decision by year end. It is a no-brainer IMO so then there will be some publicizing, then financing and capital raising with the goal to be mining in 2017. Somewhere in there they probably get their potentially lucrative patents granted. I would speculate that the patent process would take six months to a year.

Probably lots more on the way too, those are just some guesses. The patents were a surprise and may end up being incredibly valuable, but I haven't seen the patents nor do I have the expertise to evaluate them.

My general sense is that SCY will become progressively more expensive as its story becomes more well known since there is plenty of value here.

Anyway, take care.

http://www.scandiummining.com/i/pdf/Investor-Review-December-2014.pdf