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Labrador Iron Mines Holdings LTD (LBRMF)

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Last Post: 4/3/2020 4:41:29 PM - Followers: 55 - Board type: Free - Posts Today: 2




220 Bay Street

Suite 700

Toronto, ONT M5J 2W4




Labrador Iron Mines Holdings Limited (“LIMH”), through its majority owned subsidiaries Labrador Iron Mines Limited (“LIM”) and Schefferville Mines Inc. (“SMI”), is engaged in the exploration and development of iron ore projects in the central part of the Labrador Trough region, one of the major iron ore producing regions in the world, situated in the Menihek area in the Province of Newfoundland and Labrador and in the Province of Quebec, centered near the town of Schefferville, Quebec.

LIM owns extensive iron ore resources as well as numerous mineral exploration claims in Newfoundland and Labrador and in Quebec (collectively, the “Schefferville Projects”). LIM’s direct shipping iron ore (“DSO”) projects comprise numerous different iron ore deposits of varying sizes, divided into two separate portions, one within the Province of Newfoundland and Labrador and the other within the Province of Quebec.

LIM also holds the Elizabeth Taconite Project, which has its first independent Inferred mineral resource estimate, as at June 15, 2013,comprising two adjacent deposit areas. Approximately 620 million inferred tonnes at an average grade of 31.8% Fe have been estimated in Elizabeth No. 1 and a potential 350 million to 600 million tonnes at an average grade 31.9% Fe have been estimated in Elizabeth No. 2.

In the three-year period of 2011, 2012 and 2013 LIM produced a total of 3.6 million dry metric tonnes of iron ore, all of which was sold in 23 cape-size shipments into the China spot market.

Labrador Iron Mines is positioned positioned to resume mining operations and development of its Houston Mine, when market conditions permit, subject to completion of financing and negotiation of major contracts.


Labrador Iron Mines Limited


LIMH holds approximately 51% of the shares of LIM.

LIM and its subsidiary SMI hold all of the group's mineral properties and assets.



Schefferville Mines Inc.

SMI is a wholly-owned subsidiary of LIM. SMI holds all of the group's mineral properties and assets in the Province of Quebec.

Houston Iron Royalties Limited

Former creditors of LIM and SMI hold shares in Houston Iron Royalties Limited ("RoyaltyCo"), that has the right to receive a royalty equal to 2% of the sales proceeds (FOB Port of Sept-Iles) received by LIM from sales of iron ore from LIM's Houston and SMI's Malcolm properties.









As of October 18, 2019










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#613  Sticky Note $LBRMF: Rough-n-Tumble "CRIB SHEET" on $LBRMF makinezmoney 10/22/19 07:08:47 AM
#2346   Agreed DMar. We are in April now and jman2599 04/03/20 04:41:28 PM
#2345   Something that should help out DMar70 04/03/20 12:32:34 PM
#2344   Will Trump's tweet about infrastructure package help move DMar70 03/31/20 04:09:19 PM
#2343   Nice to see somebody with deeper pockets also interested. CharlesMartin1 03/30/20 12:46:13 PM
#2342   Scooped 240,000 today for only 1.6 cents CharlesMartin1 03/30/20 11:37:57 AM
#2341   Be good to accumulate another 1 million shares CharlesMartin1 03/29/20 12:22:28 PM
#2340   Agreed. But that may take another year DMar70 03/27/20 06:23:37 PM
#2339   Some nice action here.. wonder why z1z2z3 03/26/20 03:11:35 PM
#2338   Going to take a (re)starter here. Just swimmer100 03/26/20 12:29:43 PM
#2337   Fiscal EOY is coming. Not sure what the jman2599 03/25/20 10:14:03 PM
#2336   Your prior post wasn’t as much a basis jman2599 03/19/20 03:43:21 PM
#2335   Oh I’m ok with it dropping. Knowing what DMar70 03/19/20 06:29:12 AM
#2334   Based on where we are as a board, jman2599 03/18/20 11:24:35 PM
#2333   Going to .001 DMar70 03/18/20 03:37:37 PM
#2332   Time to try and get some more I guess DMar70 03/16/20 08:52:40 PM
#2331   Interesting action past 24 hours here I like it. swimmer100 03/13/20 10:06:56 AM
#2329   What a POS! Smh Distantpulse 03/10/20 02:39:20 PM
#2328   GL to you too jman DMar70 03/10/20 02:28:47 PM
#2327   L2 has shifted in a very unfavorable light jman2599 03/10/20 01:12:30 PM
#2326   Yes hopefully something will happen now with NL government DMar70 03/04/20 01:24:01 PM
#2325   It seems as if the Canadian miners are jman2599 03/04/20 11:50:08 AM
#2324   http://www.labradorironmines.ca//pdf/LIMHNRDec2019Results.pdf Thrifty123 03/02/20 08:53:35 AM
#2323   EOY Financials and shareholder updates were posted on jman2599 03/02/20 12:22:57 AM
#2322   Strange movement over the last few days DMar70 02/28/20 06:46:44 PM
#2321   Thanks swimmer100. Just trying to pick up DMar70 02/26/20 08:56:08 PM
#2320   OK. I guess. Good people here. swimmer100 02/26/20 06:59:39 PM
#2319   That was me. DMar70 02/26/20 03:23:00 PM
#2318   980 share whack below bid swimmer100 02/26/20 09:55:29 AM
#2317   Yes it unfortunately is. Especially knowing such DMar70 02/25/20 01:56:58 PM
#2316   Ya, Gerald Group ‘should’ get something happening but Thrifty123 02/24/20 06:17:17 PM
#2315   Let’s be positive and say it’s gonna be DMar70 02/24/20 05:50:03 PM
#2314   $LBRMF https://africanbusinessmagazine.com/company-profile/gerald/gerald-group-l Thrifty123 02/24/20 04:41:26 PM
#2313   Buy opps are everywhere! FY reports coming out Thrifty123 02/24/20 02:52:28 PM
#2312   Little fire sale going on everywhere, including here. jman2599 02/24/20 01:35:37 PM
#2311   Good day to you, DMar70! With President Trump Thrifty123 02/24/20 10:29:14 AM
#2310   Agreed Thrifty. A bit too quiet. DMar70 02/24/20 07:40:46 AM
#2309   http://www.labradorironmines.ca/pdf/MDADec312014F.pdf Thrifty123 02/23/20 06:52:40 PM
#2308   Whether the SL agreements were unsavory from the Thrifty123 02/22/20 09:08:42 PM
#2307   Here’s another article covering the issues at hand. Thrifty123 02/20/20 07:23:48 PM
#2306   Well said jman! Gerald Group holds the cards Thrifty123 02/20/20 07:15:37 PM
#2305   Sadly the whole entire article is unavailable if jman2599 02/20/20 06:21:23 PM
#2304   This is Huge News via Gerald’s Iron Ore Thrifty123 02/20/20 02:20:47 PM
#2303   Check this out: Thrifty123 02/20/20 01:31:26 PM
#2302   $LBRMF dang, pux sux Come on Gerald Group!!! #MoveIt Thrifty123 02/20/20 12:14:09 PM
#2301   $LBRMF: I got Hockey PUCKS from them makinezmoney 02/20/20 10:54:33 AM
#2300   Thanks for this info, makinezmoney Thrifty123 02/20/20 08:50:04 AM
#2299   Thank you, as well jman! The risk reward Thrifty123 02/20/20 08:27:25 AM
#2298   LOVE the meme Thrifty!!! I had that on jman2599 02/20/20 12:15:51 AM
#2297   For ‘chits & giggles’ here’s a tweet from today: https://twitter.com/simpleotc/s Thrifty123 02/19/20 08:06:43 PM
#2296   thanks for asking yet I'm not much for Thrifty123 02/19/20 07:26:33 PM