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Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s):  LIFZF

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

Post by Hhhhhhjj8888888on Apr 26, 2022 10:54pm
366 Views
Post# 34634481

Idiots play CEO

Idiots play CEOA prime example of when an idiot gets lucky and lands a job leading a company. Wife invested in this company when I was deployed overseas. Now I have to work a second job to cover the loss. Disgusting leadership and financial stewardship. Avoid investing in this CEO dead leadership company and invest elsewhere. These guys will take your money and f@ck you over financially just because they simply don't know any better. They don't do it on purpose they are just fuc@ing stupid..
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