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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 Zerosumon May 26, 2021 10:34am
149 Views
Post# 33267267

RE:When is the right time to rejoin the party?

RE:When is the right time to rejoin the party?Agree, market building at this point is best left to larger companies with heft. SCY can certainly be commended for being the first to try and bring Scandium to the worlds manufacturing eco system through LOI's. It was a valiant attempt and it will be remembered as the first step. But it is in the hands of larger better equipped players where always needed to be. I find it interesting SCY wants to drill out Kiviniemi now, considering the Rural - Granges news. I can see strategic importance Kiviniemi might play to Rio establishing a Scandium foothold in the EU. It may also be of interest to Rural. We sometimes like to chide GP here and believe me I think it is deserved at times, however there has been some well thought out moves and Kiviniemi is certainly one of them. There is a lot of value in these things not realized by the market. That's unfortunate as it could facilitate funding and hiring people to actually help returning to the LOI strategy once a Rio or Rusal grow the Sc marketplace to the Nyngan  or Kiviienmi tipping point. Just think this little company with a market cap below 80 million has three Sc deposits and HPA patents to help build more closed loop economies. 

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