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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 ChiliWillieon Jun 11, 2017 8:22pm
176 Views
Post# 26350715

SIL

SILFinancially it probably doesn't matter if they choose to remain at 20% ownership or take their ownership in shares. It might make a difference in market perception if they choose to retain ownership and fund their 20%. It might be a vote of confidence that could cause a bump in the shares. My feeling right now is that few investors know anything about Scandium, nor care, despite all of JK's promotion. If this were a gold or copper play, the share price would be consistent with the value of the asset.

I have been here since the early EMS days and will be around for a few more years yet.

Long....
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