Labrador Iron Mines Holdings Ltd (LBRMF)

[PureZoob]

Guys we all know this is going to boom at some point…
The day and time is still unknown but I think we can all agree that they must be very close to announcing off takers for this ore. We can also see based on the tech report that they really don’t have a crazy amount of work to accomplish to get fully operational.. They need that capital to buy all new equipment, build a short gravel road and complete a small portion of a bridge (I’m pretty sure that’s what he said on the CC). So here we are around 3 months after the call and still waiting on some updates. They said 18 months which seems illogical to me (imho) to do the kind of work they are talking about. I would presume it would take closer to 8-12 months in total to get things rocking and rolling.. With ore prices on fire and spring in the air, my bet is this mine becomes operational before end of the year.. If not, they are leaving so much money on the table and not would be doing their shareholders (the blood of any company) a disservice