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Re: SittingPretty post# 2297

Thursday, 02/20/2020 12:15:51 AM

Thursday, February 20, 2020 12:15:51 AM

Post# of 7807
LOVE the meme Thrifty!!! I had that on repeat for a minute just thinking about the situation that has been here since not only late last year but for several years in LBRMF. Overall, I understand and can agree with many of the thoughts you presented. If such an economic slowdown were to occur from the Coronavirus, I tend to think it is simply a slow down and not a halt, but because of a slowdown imo, it is not far fetched to think that less consumption would correlate to less demand and potentially a pause on some resource needs, at least from our side of the expected demanding parties.

Truly though, only time will tell what may become of the iron markets in this political and economic landscape. Too many unknown and critical variables from a micro and macro perspective here.

I will keep an eye out for the fins next week on Sedar, and hopefully another shareholder update of some form. Iron ore has also been on a slow recovery which always helps. Take care Thrifty and thank you!