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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.


TSX:LIF - Post by User

Labrador Iron Ore Royalty Corp
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(31)
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Post by ElanS2on Jun 02, 2015 11:22am
164 Views
Post# 23788897

Email to Mr. Bone: the question has been posed

Email to Mr. Bone: the question has been posedMr. Bone,
 
I realise that it is a little late, but I would like to thank you for the April 21 NR.
I hope that it is the first of a continuing series, that a habit is made of providing 
the same information on a quarterly basis. It confirms my belief that LIORC has 
much unrecognized value and I am encouraged to maintain my position.
 
Thanks again and please continue to focus on the iron ore business, we have a 
winner here and it should not be diluted by involvement in speculative endeavours.
 
Also, does LIORC, as a royalty fund focused on one company and one commodity, 
really need 9 directors ?
 
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