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Well it would be in all of our best interests as investors in LBRMF if he became the house speaker, because he could make the US energy independent again, and I am sure that would help with the iron sector in some way, even here in Canada.
But the house speaker MaCarthy has just been voted out. This has never happened in the history of the house, so who will be voted in as the next house speaker?
Matt Gaetz, voted for Trump to be the next house speaker 9 months ago, and MaCarthy was voted in and Matt Gaetz is the one responsible for outing MaCarthy.
So it very well could be Trump to be the next house speaker, if Biden dies or is impeached, and Trump is the house speaker, he can become the President again.
Kamala Harris is an idiot and will never become or be allowed to be the President.
This MAGA thing is becoming a huge movement.........
Look at the polls
Stay tuned..........
I think that is what people are realizing and starting to do now, good volume today.
Yes Steve, I agree, they did not come all this way for nothing.
The whole mining sector has been suffering over the last 3yrs, and LBRMF has so much going for them compared to others.
C'mon Kearney, at least finish building your legacy for yourself and your family.
Isn't that we all strive for in our lives?
No doubt, the Harley's are on hold for now. We should have been cruisin down the hiway by now. LOL
Definitely, as Lonewolf said, it took a lot of time and money to write up those 162 page document legal papers for the amalgamation of the two companies. That says volumes in itself.
Stay Tuned, end of the month soon.
That is a really good question, wonder why, and if there is a reason for this that we just don't know.
I am also grateful as Lonewolf and Superdan have mentioned, and thank you for all the due diligence that you have done for all of us on this board. There is no doubt that the management is well aware of the position they are in. There are probably many reasons that none of us really know, and have to do with business logistics.
It's a big deal opening up a mine at this scale.
Thanks again Bobble
It's like everything is blowing up or catching on fire these days
In business, you would want someone you can trust, has a very good track record, and is determined to complete the project from beginning to end.
There is a lot of money involved here, and some people do crazy things when it comes down to money.
Yes, too funny, thanks for lightening things up around here.
That could be because of the great Due Diligence Bobble is posting....
Good Points, I invested 4 yrs ago and still holding, don't need to buy anymore.
As you mentioned, there are big players in the area. I don't know about mining numbers, but would be good to understand that part of the industry, but I do know there is always politics involved in every industry.
There was once this successful mine called LBRMF 12 yrs ago, but have not been in the game for awhile, and are looking very good to come back into the industry with very low cost.
It is literally a gold mine as we all see.
How does LBRMF go about this.
This is the million dollar question.
You have brought up lots of logistics about this mining industry in this area.
Its probably very different logistics and politics in other places all over the globe.
Just saying.........
Yes, the best that has ever been done by anyone on this platform. Lots of logistics involved in an iron mine. LBRMF has so much going for them as per the high grade ore and the rights. Just need to get the ball rolling, where do they start?
I would like to see myself putting a big deposit in my bank account.
Have to see what happens this spring.
Hope all you disappointed investors have a great Holiday Season anyways.
Thanks for your due diligence, have a great weekend everybody..........
That is exactly what is happening, if nothing happens by spring, then I will be worried.
Yes, its frustrating, because it is all about that money money money thing.
Do you think anyone really cares about what it takes to get this Houston project off the ground...No...they are just focused on their investment and the money.
Nice, Thanks for the info, going to put funds in place for that date, maybe double up the investment and ride the rest.
Apparently, Oct 21 is the date I think.....
Ah Geez, I like the $8.31 a share better.
Very interesting, Let's break down and review what Jo said in that interview, because so much can just fly right over our heads.
The CEO Jo Battserhill of Anglesey Mining, (who has been in the industry for a very long time) said: Of all the assets that Anglesey mines has, LBRMF is the closest to cash flow. With Scully just recently investing 6 mil, that triggers the next round of work on opening the Houston project.
They are speaking with lots of Iron ore traders and the feedback is the post Ukraine and Russia issues, and the area of most interest is Labrador Trough and Sweden because of the grade of the ore. He also said that the Pilbara, which is the iron ore in Australia, there is lots of ore, but is in great decline, but it is not that good of grade as in the Labrador Trough.
So for most steel producers the biggest cost is the freight and getting the ore to the mill. So Labrador is high grade product and easy to ship as we all know. (As per the pics in my recent post replied) He finishes off to say “Lets not forget the last time LBRMF got into production it almost got to a market cap of 900 million dollars, and at that point Anglesey had 45% of it”. Start to finish to get the mine up and running is 12 to 15 months. “So the best of luck to the team at LBRMF because we are going to benefit massively and we are in a great position to be in, it is a great strategic holding for us”
Personally, I feel High grade ore is going to be very much needed to rebuild military assets.
Apparently this ore is in Labrador and Sweden.
That is the best information we have heard from a CEO's perspective about LBRMF, and they have so much invested just like Gerald group.
Stay Tuned......
GO LBRMF..........
Thank you for all the information you posted today.
Looking forward to the Houston project opening.
GO LBRMF.......
Like your way of thinking Steve, it was only a year and half ago and post 3811 we were talking about the Harley's. How time fly's.
GO LBRMF......
That is great news, all they need is that 8 km road built to the railway, there is low cost to do this, they have done this before in 2010. Not much to set up the Infrastructure for this Houston project. Just like the James Mine.
Might get that Harley yet.....
8km Road needed for the Houston Project
Then to the Railway....
LBRMF Experience....
GO LBRMF..........
There's no way that road will be paved, waste of money. They plan on using that road year round so the change in temperatures, moisture and with continuous heavy trucks on it would bust up that asphalt in no time. They will just need to build it up, pack the base, gravel on top and grade it when needed.
I don't know how that got by me, I thought it was farther until I did more research.
Anyways, like you said "How much easier can it be"
We don't have 100% proof they are concentrating their efforts elsewhere. We can only assume.
We should know something in 60 days, iron ore is going to stay high for quit awhile.
Never realized that the road LIM requires to access the Houston projects is only 8km to the railway and all the trees have already been removed as per the pic.
There are very strong PEA strengths, LIM has very low Capital and Operating costs compared to other mines. Everything required for the mine can be brought up by rail to site and will be all mobile when they start mining year round.
GO LBRMF.......
Lets hope we all get as excited about LBRMF as the folks are at HYMC..... Just took them one month.
https://investorshub.advfn.com/Hycroft-Mining-Corporation-15312
GO LBRMF..........
Absolutely:
Quote: "This is just SCREAMING to breakout any day now..... without a MOMENTS notice"
Just like in Dec 2021... but then fluctuated off to where it is today. Covid was a big contributor to everyone's plans for that summer.
Timing is important, with something as big as a iron mine.
Kearney even qualified for the (CEBA) Canadian Emergency Business Account Loan for $40,000
So many businesses in Canada got hit hard last year, and are still recovering from many reasons.
2022 is different times though.
We will see........
GO LBRMF..........
So true, and for most people, when it hits a dollar, they will get out, take the money and run... and not look back, because it will be too depressing to see when it hits $4-$15 dollars.
GO LBRMF.......