Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s): LIFZF

Steel Steel

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 an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.

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Labrador Iron Ore Royalty Corp

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Post by Canadamooseon May 28, 2015 8:48pm

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Post# 23776186

Brain Power of Bruce Bone and T.LIF Management Quantified

T.LIF Management appear to be so stupid they were unable to pull off what could have become a perfectly legal stockholder fleecing of historical proportion. Whoever heard of management losing on something that was such a sure winner for management.
Imagine if they are that stupid as to lose on this vote, how they would have fared going up against the big boys trying to acquire new business? :)

Canada Moose

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