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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

Post by Zerosumon Jun 16, 2021 3:00pm
180 Views
Post# 33396341

Speculators, that'll be the day.

Speculators, that'll be the day. Speculator wrote: and zerosum wrote

One may want to condemn him for his silence or his lack of promotion, but what has he really had to crow about that was material. True and I said as much a week ago. However patents, in 2021 and a Seeking a Copper waste stream partner 2020, are both materials events he did not want to do a NR about. There was no firm contract for scandium with a third part in spite of his efforts. Would you prefer someone to whisper things or put in print things that are misleading No, simple clear communication is fine no need to whisper. so that you can watch the stock tick up a few pennies higher and feel better, I’ll take feeling better anyday over stress about a in arrears balance sheet and unpaid debts. only to be disappointed, as the market  punishes the stock later when it realizes there is no deal. How do we know there are no deals waiting for supply? When there will be news, you will be able to trust that everyone will be hearing it at the same time, This is fundamentally untrue, as insiders will know well in advance, because any material information will only get published in 10K's 10Q's after the fact. So in fact disseminations of information will not and is not equal. and it will be material, Given his hesitancy to publish other material information unless provoked by IROC or other BOD members how do you know he will release material information? You do not. and as such it will have a material impact on the share price. To date nothing has had a material impact on the share price look at the ten year chart. His unwillingness to give out certain types of info, is the way he perceives following the rules of both the securities laws, You have no idea why he does what he does. and again some material information has to be pried out of him. and that of moral integrity, you mean secrecy? as well as he doesn't want to hurt any ongoing negotiations. Fair enough. Are you saying there are ongoing negotiations?

My take, is the higher the share price goes the more stress GP feels, stress to maintain it, stress to provide reasons, stress to field more phone calls. He has no help remember, so a share price acting independently of and sound or unsound fundamental reasons only creates more work for him and stress there may be a leak. Why is that?  




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