Scandium International Mining Corp (SCY)

[TMLonggun]

Hitting the scandium motherload

http://investorintel.com/technology-metals-intel/scandium-international-big-ambitions/

"Scandium International has clearly found itself an interesting niche with an excellent deposit. Right-sizing is going to be the challenge. Its rated production is higher than the perceived global consumption, but that global consumption number is suspect and more likely to be upwardly revised than to be an over-estimation. The dynamic of “build it and they will come” also seems to have promise here with Scandium having a potential for expanded demand if only end-users could be sure they can get all they need if they tool up for greater production of lamps or whatever. The challenge is getting financiers to stump up funds for the project build in what is a tough financial environment for any mineral let alone one with Scandium’s obvious attractions.

Certainly Nyngan moving into operation would also drive down prices making the metal more accessible to potential users with the potential to create a virtuous cycle of affordability and enhanced supply driving widened applications. Beyond all this it creates a market for a specialty metal, in a safe Western jurisdiction, which the Chinese do not have a stranglehold."