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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

Comment by aatwalon Nov 08, 2010 4:22pm
318 Views
Post# 17676074

RE: RE: Almost nothing past 22 cents

RE: RE: Almost nothing past 22 centsSeems like the news has been leaked...EMC may announce something in a day or so....Otherwise the TSX will force EMC to issue a Press Release on the share price movement!  If see a higher opening tomorrow again like today with high volume than the odds favour of a news release!  I think they might have sold the previous announced sale OR the market might have woken up to the huge undervalue position of EMC!  But it seems more than just an undervalue situation with this incredible volume and price movement today.  Tomorrow very interesting!

Warrants still are very cheap and could go to the mid to high single digits as the share price moves to the .30's or so!
Bullboard Posts