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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

Post by Chainsawwon Nov 11, 2016 11:08am
213 Views
Post# 25449640

Selling into News

Selling into NewsLooks like house 7 is primarily responsible for selling into the news and slowing the advance.  I would like to see the house positions for SCY to see where we stand for the last 6 months.

TD has used this news to sell off some of its position that it accumulated so here we go with churning the TILL stock around again.  

How long before we have a real breakout and can do a construction financing away from these lower prices.   Maybe these folks are hoping they can buy back in for a lower price financing.

We need a 5 to 10 million share trading day to break out and up up and away.  Still a lot of selling into the rally on news.
Bullboard Posts