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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 May 07, 2021 9:23am
122 Views
Post# 33151063

RE:Which one is worth of news release filing or granting?

RE:Which one is worth of news release filing or granting?
I cannot emphasise enough how important the CMR patent, granted last week, must be for SCY's business plan and discussions with FCX.
 
For me it's totally conceivable that Freeport's legal advisors have indicated not to sign the project LOI until after the patent had granted. Without that patent there would be no need for partnering with SCY and share profits. We're talking here many millions of dollars. 
 
The fact that SCY has decided not to (timely) news release the granting of the 2 patents, both material facts, tells me there's more to come: the domino effect. And on top of that, they have just awarded themselves with lots of .18 CAD options. Something good is in the making, that's totally clear for me. 
 
It may still take some time to unfold, but it will be fatastic! And very good for the BOD and therefore for us.
 
ScandiumPower wrote: Seems that they missunderstand which one is worth of news releasing -  patent filing or patent granting? I prefer patent granting! 


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