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Scandium Canada Ltd V.SCD

Alternate Symbol(s):  SCDCF

Scandium Canada Ltd., formerly Imperial Mining Group Ltd., is a Canadian technology metals company focused on advancing its flagship Crater Lake scandium and rare earth projects in Quebec. It specializes in mining exploration for gold, base metal and technology metal mining sites located in Canada. It is focused on the advancement of its Crater Lake Scandium-REE project in Northeastern Quebec. It also holds gold properties in the Abitibi greenstone belt. Its Crater Lake Project is located about 200 kilometers (km) northeast of Schefferville, Quebec. The property consists of about 96 contiguous claims covering 47 square kilometers. Its Opawica Project is located about 20 km East of Desmaraisville and is accessible via Highway 113 going from Val-d’Or to Chibougamau, Quebec. The property consists of about 42 contiguous claims covering 23.45 square kilometers. Its La Ronciere Project is located about 35 km East of Desmaraisville. The property consists of about 45 contiguous claims.


TSXV:SCD - Post by User

Comment by krightg9boon Jan 05, 2021 10:49am
190 Views
Post# 32223411

RE:RE: Scandium Boom 2.0 is now! ..... IPG

RE:RE: Scandium Boom 2.0 is now! ..... IPGWith what I understand from reading on it, Rio Tinto has an eye on IPG for the added value it could bring to its aluminum produced in Quebec in order to compete on the world market with a better and more efficient product.  It is like CIA with its high grade iron ore from Bloom Lake mine that positions them two steps head of competition. 

By the way, the first time I bought CIA in 2016, it was at the price of IPG right now (0.15 CAD).  It is now close to 5$.  It is not a perfect comparaison, I convene, but it shows how far it can go considering how rare scandium is at the moment and the competitive advantage it can provide to a big miner like Rio Tinto..
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