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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 19, 2021 9:11am
204 Views
Post# 32607844

RE:Hallgarten on Scandium Feb 18 2021

RE:Hallgarten on Scandium Feb 18 2021Yes Zero, I absolutely agree. SCY needs marketing and execution power and RTZ is going to provide this; and they don't have enough scandium and that's why we're such a great couple.

Some of us here on the board could have written a more up-to-date, accurate report than Hallgarten did:
- scandium as a battery metal is not mentioned anywhere,
- the info on CleanTeq is completely wrong: their Sunrise project has not that high Sc grades and quanties,
- RTZ as a game changer in the scandium space, they got that from JK. Although you can't be a real game changer with only 12 tonnes/year of scandium. The potential market is 250-500 tonnes per year!
- The pricing of scandiumoxide 99,99% is completely irrelevant for the (aluminium alloy) market that wants AlSc master alloy. Scandiumoxide is just one of the many inputs for AlSc master alloy. In other words, the price of scandiumoxide doesn't determine the price AlSc master alloy. And you need at least 97% purity for this application, not 99,99%
- etc.
- etc

I'm quite exciting about the new SCY, and the possible valuation: a market cap > 1 billion CAD (3.00 CAD per share). Stay focused on the big picture instead of pointing out every detail that is missing.

Zerosum wrote: RTZ needs SCY as much as SCY needs RTZ

https://twitter.com/hallgartenco/status/1362414821048803328?s=12
,
https://www.hallgartenco.com/pdf/Sectors/Scandium_Sector_Feb2021.pdf
 
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