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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.
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TSX:LIF - Post by User
Labrador Iron Ore Royalty Corp
> Have to like
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KozmoT
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Comment by
KozmoT
on Sep 09, 2022 1:08pm
111 Views
Post# 34952567
RE:Have to like
RE:Have to like
Its why we are in it but as long as the SP keeps going up, it wouldn't matter even if they did trim it a bit - though I hope they dont as well.
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