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Scandium International Mining Corp T.SCY

Alternate Symbol(s):  SCYYF

Scandium International Mining Corp. is a mineral exploration and development company. The Company’s advanced project is the Nyngan Scandium Project, located in New South Wales, Australia (the Nyngan Scandium Project), on which it holds a mine lease grant, a development consent, and 100% of the mineral rights. The Nyngan Scandium Project site is located approximately 450 kilometers (km) northwest of Sydney, New South Wales (NSW), Australia and approximately 20 km due west from the town of Nyngan. The Company has a 100% interest in an exploration license (EL 7977) covering the Honeybugle Scandium property. The Honeybugle Scandium property covers over 34.7 square kilometers and is located 24 km from the Nyngan Scandium Project. The property includes four distinct magnetic anomalies: Seaford, Woodlong, Yarran Park and Mallee Valley. The Company's subsidiaries include EMC Metals Australia Pty. Ltd., EMC Metals USA Inc., Scandium International Mining Corp. Norway AS and others.


TSX:SCY - Post by User

Post by apmgoldon Nov 29, 2017 12:56pm
181 Views
Post# 27055660

Observations/Questions from a Weary Investor

Observations/Questions from a Weary InvestorDutch, Zero etc.- So the great irony here is that everyone wants scandium - alloys, batteries etc, but no one wants scandium. I have been following this closely for years but it seems like we have been weeks/couple months from offtakes for about 18 months now?

Questions

- What is the scenario that this gets financed at .60 - $1.00 with a stock price drifting into the low .20s?

- Doesn't the lack of any communicatiion/update to the retail investor community indicate internal conflict between George Putman and the Eversons on the future direction of this company?

- Has John Kaiser lost his patience yet? How does he rationalize no news and a declining share price after talking about waiting markets for literally years?

Keeping the faith but growing weary.
Bullboard Posts