Labrador Iron Mines Holdings Ltd (LBRMF)

[IB_]

How much have you lost in this one Spider Man ?????????????????

LoL LoL,

IB_

[RainMaker2213]

Could not agree more on that comment. Seem to stay completely quiet until a deal is inked. Once that happens, it should be an amazing ride for all of us!

[Shadar]

All they would have to do is announce they are moving forward and making some kind of progress, and it would make a jump...... crickets....

[highjumper]

3 years since PEA and down over 10x from pumped up highs...

Have a great day.

[PureZoob]

Problem is we have a very lazy ceo who doesn’t give a damn about shareholder value.. it’s quite sad

[Skynet11]

The administrative costs are miniscule which I guess is good but it also tells you that not a lot is going on. Still, their financials are always pretty much on time which in OTC world is the most you can hope for. They just have to start digging.

[Super Dan]

Someone knows if Kearny as seen his shadow?

[PureZoob]

We’ve been hearing about this amalgamation for over a year now. Yet, Mgmt has yet to finalize anything. Very discouraging for shareholders. Add in Houston silence and you have a sloppy mess of nothing going on right now

[RainMaker2213]

Thank you…..looks like they’re still working to bring Houston to fruition.

[The Philosopher]

Out on Sedar

https://www.sedarplus.ca/csa-party/records/document.html?id=11ea3529bd28f417cb6a5f8ced7a726e0213c2557c1896a53e00d2db3dae6908

[Lonewolf6]

Love it Skynet....a little humour is always good.

[Skynet11]

[PureZoob]

Been a whole lot of nothing around here for 24 months. More than enough time for mgmt to get their act together! Obviously shareholder value isn’t their top priority, so SHAME on them!!!’

[Skynet11]

Agreed. The silence is deafening and also hurting the pps.

[Shadar]

Maybe, if Kearney would get off his ass!!! Maybe that's not being fair. Maybe they are doing something behind the scenes. Maybe they are lining up investors. Maybe they are working on off-take agreements. Maybe they are negotiating contracts. Maybe they are getting contractors lined up to build the railway siding.

IF THEY ARE THEY SHOULD TELL THEIR INVESTORS THOUGH!

[DMar70]

Hopefully something like this can happen with LBRMF:

https://www.cbc.ca/amp/1.7105814

[RainMaker2213]

Good story this week and quote on commodities and global supply needed to meet demand in the coming years…….


Geopolitical disruption is putting commodity markets into a “super squeeze” (inadequate supply), Paul Bloxham of HSBC tells Lee Ying Shan for CNBC. For all the promises of a net-zero carbon future, “there are insufficient investments allocated to procuring” critical minerals such as copper and aluminium. A report from the Energy Transitions Commission, a think tank, notes that “large-scale mining projects can take 15 to 20 years” to reach production, but that “the last decade has seen a lack of investment in exploration and production”. Annual capital investment in transition-metal production globally has averaged $45bn a year over the past two decades, but “must rise to around $70bn each year through to 2030 to ensure an ample stream of supply”. Investors had better be ready to open their wallets.

[RainMaker2213]

Thank you for sharing, Amaration. Fantastic news that the Houston site has the highest grade iron ore out of any current or projected project in the region.

Hopeful!

[amaration]

https://www.gov.nl.ca/iet/files/IRON-Flyer.pdf

[RainMaker2213]

Keep the faith, PureZoob.

The CEO and CFO of LBRMF are tied to the same positions of Mongoose Mining, Canadian Manganese, Canadian Zinc Corp, former chair of Angelsey Mining, past President of the Canadian Mining Association, and others to speak of.

This team has the know how and connections to get LBRMF back to production, if anyone can quite honestly.

Stay strong!

[PureZoob]

Same old same old here.. Mgmt doing absolutely zero to add shareholder value! What a joke

[Lonewolf6]

Thank you.

[RainMaker2213]

I’ll see if I can find one for us all, LoneWolf.

[Lonewolf6]

Hey Rainmaker I have been trying to locate a document indicating the date of the next meeting.
Do you have a link please?

Keep the faith.

[Skynet11]

Make it rain man!

[RainMaker2213]

Next earnings report is due March 11th. Hopefully have some positive updates and forward movement at that point while the web site is having issues.

[Skynet11]

It certainly doesn't instill any confidence. Hope they fix it. If the financials keep coming out, then I guess we have to take solace in that.

[RainMaker2213]

It has been like that for a couple of months…..no idea what’s going on with the site.

[Skynet11]

Anyone know what's going on with the website? Looks like it's undergoing some changes/updates (you can see the html code on the bottom). The copyright year has also been changed to 2024.

[IB_]

Bro, have you ever made a dime in the market ???????????????

EVER??????????

IB_

[PureZoob]

Agreed 100%… Time will tell

[RainMaker2213]

Agreed on all fronts, Skynet. Hopefully something is in the works while things remain quiet.

[Skynet11]

I'm with you. My position is close to the 7 figure range. I bought mostly at 0.07-0.09 range over the last few years so I'm down roughly 30-40% as well. So naturally that's why I'm in it for the long haul. The ticker has a 'dry' track record until they start mining as evidence almost 13 years ago. I'm holding out for Houston. We know of what infrastructure they had been putting in (roads, etc.) as you can see it from the aerial photos. We know that they're still incurring administrative costs too. Kearney is putting $ in it as well (despite his inaction). Again if we only knew what was going on in terms of financing, etc., whether good or bad, at least we as investors could feel informed at minimum.

[PureZoob]

It’s sad bro! I own 250k shares here and I’m down about 28k. What a shit show mess this currently is… Kearney should be ashamed, what an absentee landlord he is

[Mv1717]

Website doesn't even have information anymore. Is there or has there been any indication there is even an effort or interest in getting things moving? Where are all those pumpers from 2021 now?

[PureZoob]

You’re spot on. Ceo might have years of experience but has failed shareholders at every turn over the past 3 years. Zero leadership and transparency has eroded shareholder value on an epic level. Houston should be a done deal but it’s not and that’s laughable

[RainMaker2213]

I hope your “gut feeling” is right, Skynet!

[Skynet11]

Well at least Canada isn't going through a coup de etat or worse. What we do have is a CEO who is asleep at the wheel and not informing investors of anything, whether good or bad, thereby losing everyone's confidence as the pps suffers. I'm not going anywhere but it's pretty ridiculous. My gut says sometime in 2024 we see something movement wise but I could be wrong in my 'gut speculation'.

[RainMaker2213]

I sure hope not, Super Dan! 🙏

[Super Dan]

So for us we still have to wait 15 more years or 5 more CEO to go so we are still far from getting rich

[RainMaker2213]

https://www.euronews.com/business/2024/01/09/why-rio-tintos-guinea-iron-ore-project-is-starting-after-27-years

[RainMaker2213]

Amazing price per dmt - Hope it stays high and we can return to production!

[Super Dan]

Iron ore is 144.16 and Kearny still sleeping what a shame we should all be rich by now he deserves to be kicked out

[PureZoob]

Dispicable. Shame on you Mr Kearney, shareholders deserve SO MUCH more!

[PureZoob]

Dispicable. Shame on you Mr Kearney, shareholders deserve SO MUCH more!

[RainMaker2213]

Here’s to a positive 2024 for LBRMF and us all!

Hope to hear optimistic updates and news soon to take advantage of the markets!

[PureZoob]

Fitting way for LBRMF to finish the year down once again. Shareholders should be furious over this stocks performance since Houston! I would scold the entire board of Directors and have them fire, probably most of the executive team for Horrible results!

[PureZoob]

Exactly!! The spot price of ore could be through the roof and it would make no difference if this company can’t get its own house in order!!!!!!!

[Skynet11]

And that’s the unfortunate reality. Kearney needs to be transparent and let investors know what they may be doing: trying to secure funding, waiting on some other roadblock, etc. the pps is suffering not only because of inaction but no news whatsoever.

[Skynet11]

And that’s the unfortunate reality. Kearney needs to be transparent and let investors know what they may be doing: trying to secure funding, waiting on some other roadblock, etc. the pps is suffering not only because of inaction but no news whatsoever.