Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 shloon Apr 16, 2017 1:21pm
221 Views
Post# 26125550

RE:RE:RE:This is why SCY can't/shouldn't be open on the ML process

RE:RE:RE:This is why SCY can't/shouldn't be open on the ML processI agree 100%.
Thanks to JK constant pumping of this stock I did very well with SCY so far. However, now it is time for some reality checks. Huge dreams but the facts are less promising ones. We are almost 5 months after the lease half-promise by the CEO. (Mid December, remember?)
In an interview, Mr. Putnam gave in 2016, he said that the mine will be up and running in Q1 2017. If I have the right calendar, this will never happen. The fact is that they are too optimistic. Who knows what else they are too optimistic about? I respect JK a lot, he helped me to do well on some of his recommendations, but I lost big chunks of money too because of some of his recommendations. What happens if tomorrow the company tell us that the new minister would like to revise some of the permits? When the company is silent this could be no big deal, but it could be an alarming sign to investors. What does it take to inform investors about some changes in the schedule? There is nothing confidential about it while it will remove some nervousness from investors like you and me. How come that the information I have is from a third party (JK) and not the company itself?
Bullboard Posts