Labrador Iron Mines Holdings Ltd (LBRMF)

[Skynet11]

Right now it’s expensive to borrow money. Construction costs are still high in addition to fuel prices. If the Biden administration loses in 2024, I think things start to turn around very quickly in terms of interest rates, inflation as a GOP administration will start drilling ASAP. As energy prices go down everything else will quickly follow. Also, I think if Biden were to win in 24’ China will look to a hostile takeover of Taiwan. We’ll need North American steel/iron. Personally I think something happens in 2024 but whomever is elected can affect the project. My 401K can’t take much more of this economy lol.