Scandium International Mining Corp T.SCY

Alternate Symbol(s): SCYYF

Metals & Mining Industrial Metals & Minerals

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.

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Scandium International Mining Corp

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Post by apmgoldon Nov 02, 2017 2:25pm

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Post# 26895850

Question - Did JK Say He Expects SCY to be Sold?

Maybe someone can fill me in but I thought I read in a post somewhere that John Kaiser expects that SCY won't be around within six months? So, is management focused on selling on moving forward to production? Seems to me that is the stalemate right now. My thoughts are the Evensons want to sell (and they now control a large number of voting shares) and Putnam etc want to move forward and retain ownership through to production.

While the prevailing thinking is it is great to now have the Evensons on board I am not sure their interests are aligned with Putnam etc. Stated differently I think the Evensons are shopping SCY around while Putnam etc is trying to pursue offtakes and financing and that this internal feuding has led to a stalemate.

Thoughts?

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