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Labrador Iron Mines Holdings LTD (LBRMF)

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Last Post: 11/13/2019 9:28:50 PM - Followers: 67 - Board type: Free - Posts Today: 0




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










Current Price
Bid Ask Day's Range
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#1492  Sticky Note So you wonder if they will finance the WALL$TREET 10/25/19 03:35:45 AM
#857  Sticky Note $LBRMF ING Leads Syndicated Financing of $300 Million Thrifty123 10/22/19 11:14:40 PM
#613  Sticky Note $LBRMF: Rough-n-Tumble "CRIB SHEET" on $LBRMF makinezmoney 10/22/19 07:08:47 AM
#1952   What do you think is happening? DMar70 11/13/19 09:28:50 PM
#1951   3:1 buy:sell ratio and down 30%. Hhhmmmmm. swimmer100 11/13/19 09:13:45 PM
#1950   Looks like this one has run its course DMar70 11/13/19 06:51:43 PM
#1949   Nobody is anymore. The fade is on... CharlesMartin1 11/13/19 02:40:13 PM
#1948   Loading up like crazy mclaxer5155 11/13/19 02:36:48 PM
#1947   HEY JCHORDS FYI...Tentative agreement on LFEX...Lucky Friday Mine chdobull 11/13/19 12:41:01 PM
#1946   Good luck everybody. swimmer100 11/13/19 12:13:02 PM
#1945   $LBRMF My eyes saw that too! All bullish signals Thrifty123 11/13/19 11:47:04 AM
#1944   Where do you see these? CharlesMartin1 11/13/19 09:12:21 AM
#1943   $LBRMF: Slightly off-topic, another one comes off Greys today makinezmoney 11/13/19 08:35:39 AM
#1942   Time to scoop up some more shares today DMar70 11/13/19 06:53:41 AM
#1941   No but I will try today . sorc92 11/13/19 06:38:37 AM
#1940   Did you try calling that number that is posted?? z1z2z3 11/13/19 12:49:51 AM
#1939   Has anyone got through to these guys on sorc92 11/12/19 10:06:38 PM
#1938   I know it’s going to be about 6 CharlesMartin1 11/12/19 04:39:08 PM
#1937   Does anyone know what the actual current float is? IAPT 11/12/19 03:31:33 PM
#1936   I was thinking more towards Harvard lol DMar70 11/12/19 03:12:30 PM
#1935   I'm still waiting for sub-cent. Montanore 11/12/19 02:50:36 PM
#1934   $LBRMF: Call Kearney to get ETA on PINK-Current Listing makinezmoney 11/12/19 02:27:46 PM
#1933   Hopefully less than a penny in a week CharlesMartin1 11/12/19 02:22:45 PM
#1932   ya? well a meteor may wipe out the Thrifty123 11/12/19 02:15:57 PM
#1931   Said it should be ready by end of November jchords 11/12/19 02:11:01 PM
#1930   $LBRMF: Put that in the College Tuition FUND makinezmoney 11/12/19 01:54:35 PM
#1929   50,000 for me lol DMar70 11/12/19 01:33:02 PM
#1928   Good stuff! Bargains today!! CharlesMartin1 11/12/19 01:14:54 PM
#1927   $LBRMF: In for another 120k on that lovely dip makinezmoney 11/12/19 12:07:29 PM
#1926   Quiet day DMar70 11/12/19 10:38:24 AM
#1925   Excellent analysis !!!!! diskman 11/11/19 08:39:53 PM
#1924   Somebody is trying to drive down the price... CharlesMartin1 11/11/19 03:55:42 PM
#1923   Keep on selling folks. Scooping up... CharlesMartin1 11/11/19 02:58:09 PM
#1922   Agreed. CharlesMartin1 11/11/19 01:06:22 PM
#1921   $LBRMF: Gerald-Group is buying.... thats why they helped uplist makinezmoney 11/11/19 12:57:45 PM
#1920   Come to poppa... CharlesMartin1 11/11/19 12:20:22 PM
#1919   Here: Tel: (647) 728-4105 Mr Pinkerton can answer Thrifty123 11/11/19 12:02:17 PM
#1918   Are they on schedule with quarterly report? jchords 11/11/19 11:59:48 AM
#1917   Nice. Thank you very much for your work! z1z2z3 11/11/19 11:57:16 AM
#1916   $LBRMF Final step to 'current application' is September's Thrifty123 11/11/19 11:55:39 AM
#1915   Is this current this week? z1z2z3 11/11/19 10:34:25 AM
#1914   I am hoping that they reopen so we CharlesMartin1 11/11/19 09:20:44 AM
#1913   Look forward to seeing it. CharlesMartin1 11/11/19 09:13:00 AM
#1912   Break job on the car got in the Squirrely_McShitty 11/11/19 08:57:23 AM
#1911   We have a hammer patter on the daily CharlesMartin1 11/11/19 08:40:14 AM
#1910   Excellent news. JPGetty 11/10/19 09:45:51 PM
#1909   I’d like to hit fast forward... CharlesMartin1 11/10/19 06:59:28 PM
#1908   Consistently higher every year since it bottomed. CharlesMartin1 11/10/19 03:13:58 PM
#1907   Iron Ore Spot Price (Any Origin): diskman 11/10/19 02:05:16 PM
#1906   How’s the report coming along? CharlesMartin1 11/10/19 12:31:49 PM
#1905   We have one of the largest high grade CharlesMartin1 11/10/19 12:31:14 PM
#1904   Yep. That’s what I have done for CharlesMartin1 11/10/19 04:21:29 AM
#1903   Well, it plopped down to 2 cents on Montanore 11/09/19 08:34:11 PM