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Also when they were operating in 2013
Market cap was 900 million
https://bit.ly/3R8hvfY
Labrador is mentioned at end of video
Good things ahead!
*Labrador iron mines is so undervalued
With scully support and with tacora resources has potential to be over $10 per share when open.
https://www.canadianminingjournal.com/news/iron-ore-tacora-secures-cash-to-restart-scully-mine/
Scully has the resources with Tacora to support Labrador iron mine next chapter
https://www.mining.com/tacora-secures-212m-cash-restart-scully-mine/
What happened in 2018 with scully
https://magazine.cim.org/en/news/2018/tacora-to-re-open-scully-iron-ore-mine-in-labrador/
They have the experience and the backing
Connected with Tacora Resources.
In Labrador
Scully will have the first right to propose Project Debt Financing for the development of the Houston Project.
In connection with the Strategic Investment
Good News just came out!
https://www.sedar.com/CheckCode.do
Please see attached page 14 top
In MDA
In order to fund its near term initiatives, the Company has announced an agreement for a financing by Scully Royalty Ltd. through the private placement of 13,043,478 shares at US$0.23 per share, for gross proceeds of $3.9 million (US$3 million), This transaction has not closed at the date of this MDA.
Yes he’s does
Especially at the current price of iron
Agreed ! year end March-31 next Thursday!