Saturday, February 04, 2017 5:37:25 PM
http://investingnews.com/daily/resource-investing/critical-metals-investing/scandium-investing/john-kaiser-scandium-boom/
A snippet from the interview:
JK: The company I have been following, Scandium International (TSX:SCY), got a development consent in November and is now awaiting a mining lease in New South Wales, where these game-changing deposits have been found. The development consent is the primary obstacle you need to overcome. The mining lease usually does not take a lot of time. It’s a different department of the government. Once they have this, they will have to go out and raise $100 million in construction capital. It’ll take a year or so to build. So, within two years, we should start seeing the world’s first primary scaleable scandium supply. This will be a very big deal because scandium is the ideal marriage partner for aluminum and what all the end users have been waiting for for a very long time.
Listen to the whole interview - very favorable toward SCY.
For the record. Friday close 2-3-17 SCY 0.29 SCYYF 0.2359
SCY had been at 0.32 much of the day but dropped back at the close. SCYYF was up 10% on the day.
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