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Labrador Iron Mines Holdings Ltd LBRMF

Labrador Iron Mines Holdings Limited is a Canada-based company. The Company, through its subsidiaries Labrador Iron Mines Limited (LIM) and Schefferville Mines Inc. (SMI), is engaged in the exploration and development of iron ore projects, situated in the Menihek area of western Newfoundland and Labrador and northeastern Quebec, near the town of Schefferville, in the central part of the Labrador Trough region of eastern Canada, an iron ore producing region. The Company is focused on planning and financing activities related to advancing the Houston Project, LIM’s flagship property. The Houston Project offers low technical risk, with only building a short gravel road and rail siding as the principal construction components. The Houston Project’s deposits 1 and 2 have undergone regulatory review and approval. The projects are ready for construction with a one-year construction period to production.


OTCPK:LBRMF - Post by User

Post by quinlashon Apr 01, 2024 12:58pm
79 Views
Post# 35963117

Anyone have "eyes on" this mine ?

Anyone have "eyes on" this mine ?I seen news of the road upgrades and rail lines being established however that was a while back.  Anyone have actual "eyes on" the mine site itself?   Any ATCO trailers pulled in over the last few months or other activity to indicate a re-newed ramp-up of the operation underway ?

Just looking at ore spotprices and it appears to be above what is needed for feasibility and has been there for some time.

Where's best place for rumor mill ?
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