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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 AllDutch1234567on Feb 26, 2020 1:07pm
73 Views
Post# 30736301

RE:RE:Where are we headed

RE:RE:Where are we headed In addition to my comments below. 

The master alloy capability is new to the company, and that's what they were trying to communicate on Monday. In the NR: "This master alloy capability will allow the Company to offer scandium product from the Nyngan Scandium Project in a form that is used directly by aluminium alloy manufacturers globally, either major integrated manufacturers or smaller wrought or casting alloy consumers."

Now carefully study slide 11 of the Investor/Corporate Presentation to see how critical this ability is in the effort to get offtake agreements signed. 

AllDutch1234567 wrote:
No news? Monday's news was really impressive: the company has reached a critical milestone. SCY's optimization program was deemed completed because the Aluminum Alloy Manufacturers have indicated that they are now satisfied with the AlSc MA specs. This then clears the road for signing those offtakes (with the Aluminum Alloy Manufacturers). 
 
Yesterday the bid was 508K @ .08
Somehow I don't think they are all gone.

shano1986 wrote: Not a great sign when we have bids now at .075 and the asks at .085.... people are giving up and I can't blame them. I sure hope the lack of news is because of the farmer. Don't I feel like an idiot jumping in at 40 cents and averaging down the whole way lol




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