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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 > LIF is No Longer an Iron Ore Stock
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Comment by auagntungstenon Apr 02, 2022 8:51am
243 Views
Post# 34569755

RE:LIF is No Longer an Iron Ore Stock

RE:LIF is No Longer an Iron Ore Stockhttps://www.riotinto.com/invest/shareholder-information/dividends/dividend-history-and-calculator

This  to me seems a large dividend is in the future.
I am not knowledgeable as others but have enjoyed the past increased dividends  and seems due to the price notes from pile' and the slowness of LIF's receipts from IOC, distributions are forthcoming. I'm not  trader nor will I buy options anymore.
read and appreciate any followup.
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