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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

Comment by teddygvaon May 30, 2017 4:41pm
152 Views
Post# 26302595

RE:RE:Share price

RE:RE:Share price without news it will be difficult to be above .40

But as they are in construction stage, now it clearly shows to any potential partner that their milestones will be reached. That being said serious customers should knock on their doors to have offtakes.

SCY cant supply all aluminium producers and they will produce less than 100t per year.
Alcerco (small company compared to other giants) wants 8t per year so lets imagine few major and there is nothing left.
I remember Bloom wanted 40-60t from mineral mining (MLM).
This story is getting better day after day and we are in the early steps. 
IMO if SCY goes to production they should expand and acquire more land. SCY can really be a giant and become a 50 bagger.
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