GREY:LBRMF - Post by User
Comment by
quinlashon Jun 24, 2021 12:25pm
111 Views
Post# 33442985
RE:Listing for LBRMF
RE:Listing for LBRMFSnow is gone, frost is out of the ground, spot price is the highest it has been in 10 or 15 years. If there is a case to re-open the mine it has never been stronger that it is now.
I am a bit behind on news for this one so I need to do more digging. In the meantime I am just setting price alerts in case the SP makes a massive move outside of the trading range over the last few months.
Ideally we get news that they did indeed land a backer to get things going again, then the uplisting etc. I'm sure more investors would be interested if the listing was upgraded
JMHO
Q
MBLAIR34 wrote: I understand the company is working on both a financing to restart production and a new Canadian listing which will improve liquidity. With currently high iron ore prices and low capital costs to restart production, financing should be available, and coupled with a listing on a Canadian exchange should see the stock substantially higher. Time frame? Likely no more than 6 months in my opinion.