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Bullboard - Stock Discussion Forum Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s):  LIFZF

Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds... see more

TSX:LIF - Post Discussion

Labrador Iron Ore Royalty Corp > Idiots play CEO
View:
Post by Hhhhhhjj8888888 on Apr 26, 2022 10:54pm

Idiots play CEO

A prime example of when an idiot gets lucky and lands a job leading a company. Wife invested in this company when I was deployed overseas. Now I have to work a second job to cover the loss. Disgusting leadership and financial stewardship. Avoid investing in this CEO dead leadership company and invest elsewhere. These guys will take your money and f@ck you over financially just because they simply don't know any better. They don't do it on purpose they are just fuc@ing stupid..
Comment by Lawyerup on Apr 27, 2022 2:53pm
I can't fault your anger but there are a couple of positives this morning.  Rio Tinto who is the majority shareholder is up over 5% and the price of iron ore has jumped.  I am down a tiny bit at $36.15 but this was a long term hold for me.  Nobody knows but for me LIF is still a descent play that I think will rebound to previous levels.  Just my two cents, cheers Charlie.
Comment by PileOfShit on Apr 28, 2022 2:45am
This post has been removed in accordance with Community Policy
Comment by Lawyerup on Apr 28, 2022 11:46am
Let's see.  It's a long term hold for me I don't invest in things to look for a quick turnaround.  Cheers Charlie.
Comment by Hhhhhhjj8888888 on Sep 15, 2022 11:33pm
agree with you fully in the lack of IQ. You can claim your loss over 3 year period on your taxes. If I ever wanted to short a company , all you would have to say is you just hired these brain dead dreamers. They will never find good work again. Walmart greeters at best for them. I put money there for a definite tax write off. They are done. Bankruptcy within days now.
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