Scandium International Mining Corp T.SCY

Alternate Symbol(s): SCYYF

Metals & Mining Industrial Metals & Minerals

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

Scandium International Mining Corp

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Comment by TAPickson Oct 16, 2010 8:29am

321 Views

Post# 17572558

RE: What's the good word TA?

I agree with MrMoly on the close, hesitant but decent. People were buying into the close, not selling. Stock still eludes me. Can't find any reason why the sudden pop on such high volume. One thing that I did find which is very encouraging for this company is the fact that it has a book value of
.37, so at its current stock price, its way undervalued. Now if the leak is the selloff of the Nevada mine, this will add some much needed cash to develop their other properties.

Have a great weekend!
Cheers!

PS: Still trying to figure out how to post images in messages here. I'd like to include some charts but can't seem to figure it out. Anybody know? TIA.

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