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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 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.


TSX:LIF - Post by User

Comment by ElanS2on May 28, 2015 9:00pm
62 Views
Post# 23776221

RE: Brain Power of Bruce Bone and T.LIF Management Quantified

RE: Brain Power of Bruce Bone and T.LIF Management Quantified They obviously did not have all their chickens nesting or their ducks lined up.
It is surprising that 4 & 5 did not pass. Their homework was not done and they are not connected to their shareholders. A shake-up is in order. They should do the right thing and act in the inrest of the shareholders: reduce operating costs by reducing their number and individual remuneration.

We can thank OR for the recent run-up. Perhaps others will follow their example. Rising IOC production, more pellet sales, and a descending $Can are all good signs and make LIF an attractive investment.
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