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Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s):  LIFZF

Steel Steel
Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.


TSX:LIF - Post by User

Labrador Iron Ore Royalty Corp > Congratulations to Savy, he beat our administrators
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Comment by ElanS2on Jul 21, 2021 8:13pm
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Post# 33585675

RE:RE:RE:Congratulations to Savy, he beat our administrators

RE:RE:RE:Congratulations to Savy, he beat our administratorsIt wasnt always as it is now. The board was smaller and the mergers and acquisitions experts had not yet arrived. If I recall correctly Stephen Jarislowsky himself was on the board.
Just because the company has a 3 billion dollar market cap does not mean our directors have any real control over what is  happening. They are just along for the ride and the $ into their pockets. They cannot take any credit for what is happening. Three honest guys should be enough.
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