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Thank for the clarification! Just ready like everyone else for some news.
Looks that way to me. We need fresh news. Not 10+ years old stuff.
Not LBRMF specific but anything Iron in Labrador catches my attention.
https://ntv.ca/cpw-global-says-proposed-iron-ore-plant-would-create-hundreds-of-jobs-for-bay-of-islands/
Nice to see you too! No worries
Good Afternoon LBRMF
Angsley keeps sending out info frequently. Our time is coming.
https://mailchi.mp/24b9bfc9b8e6/anglesey-mining-plc-optimisation-study-5772462
Do you have access to what their share structure was? I don't believe it was the same.
And someone got some.06s today?
Nice volume this week.
I love a good ol burger with Fries and a Chocolate shake. Nom Nom Nom.
Happy New Year.
Who got lucky with the 4s? SMH.
Skipped my bid.
I couldn't agree more. Look at the price of iron ore.
https://markets.businessinsider.com/commodities/iron-ore-price
Correct me if I am wrong..
Houston PEA states production of 2 million tons a year. Iron ore is $90/ton.
I believe the world still needs and wants iron. Infustructure, and New Iron air battery technology.
From PEA:
Mining Operations - Year-round ~5,500 tonnes / day - Mining
Dry Crush and Screen
Rail Operations – May to November ~10,000 tonnes /day - Rail ~2,000,000 tonnes / year production New rail siding
Houston 1 & 2, rail and road permitted New access road cleared
I completely agree. The world needs the iron. Holding Long and will add more stink bids if anyone else wants to give away cheap shares.
Holding strong. I read that too.
Starts at 12 eastern time zone correct?
Good luck to all.
This company closed their spac merger today. Wonder if they have a iron ore source already. Purely speculation.
https://www.globenewswire.com/news-release/2021/10/19/2316953/0/en/Algoma-Steel-and-Legato-Merger-Corp-Close-Business-Combination.html
http://www.labradorironmines.ca/invest_financials.php
It's in one of these filings. Ill look when at a pc not mobile.
Anyone know if the meeting is broadcast? Or will we just get a report after?
Thanks for the cheapies end of day. Nice buys all day! LEGO with Algoma steel approved by shareholders today.
Legato Merger's stockholder approves business combination with Algoma Steel https://seekingalpha.com/news/3752936-legato-merger-corp-receives-stockholder-approval-for-business-combination-algoma-steel?source=copyToPasteboard
LEGO merger with Algoma steel is supposed to complete this month. Complete speculation on my part. But I have watched videos with their CEO stating they have a iron ore contract but hasn't with whom.
And which SPAC are you speculating will send this?
Just in...
Iron ore's latest jump lifts global miners higher https://seekingalpha.com/news/3751172-iron-ores-latest-jump-lifts-global-miners-higher?source=copyToPasteboard
$LBRMF pink current and Shareholder meeting Oct 20.
Declining iron ore prices and China FUD and general impatience has allowed this sleeper stock to dip to cheap levels.
The world needs iron and for more than infustructure.
"IRON BATTERY BREAKTHROUGH"
http://www.mining.com/web/iron-battery-breakthrough-could-eat-lithiums-lunch/?utm_source=Daily_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=iron-battery-breakthrough-could-eat-lithiums-lunch
Did you read the last paragraph? Any idea what spac they could be referring to?
"The new order should help ESS as it looks to go public within weeks through a special-purpose acquisition company at a valuation of $1.07 billion. The listing will net the company $465 million, which it plans to use to scale up its operations."
It certainly is hard to see the price fall. I am a buyer as well. I understand there are plenty of their investment opportunities out there. But for me nothing has changed and the company is very profitable at $90/ton. Those very high prices were unreasonable and needed to level out. The world needs iron! Can you imagine if iron air battery storage takes off?
Someone unloading a large position and someone accumulating a large position. How low we gonna go?
And beyond.
Someone got a tiny stink bid filled at close.
I'm herr for the long haul. Yeah, more communication would be nice but nothing has changed since March (except the price of ore) but we are still very profitable at $90/ton. I'm glad there was some support today and we didn't fall as hard as the rest of the market. Selling here would just be silly.
It's not a special meeting. Annual Shareholder meeting is always in Oct. At least has been past few years.
http://www.labradorironmines.ca/press_room.php?va=y&prid=2
Cheap shares incoming. Looks like one of my bids filled. But whole L2 looks rather thin.
Found this article on Form Energy
Iron air battery storage
https://www.pv-magazine.com/2021/08/05/multi-day-iron-air-batteries-reach-commercialization/