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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

Comment by TheBridgeon Nov 13, 2024 6:10pm
28 Views
Post# 36311320

RE:RE:RE:Climbing

RE:RE:RE:Climbing
JayBanks wrote:

TheBridge wrote:
TheBridge wrote: Finally and hopefully on the climb to the $35 mark.

Still climbing.



 

How's the climb going?


Raise your hands all you people that followed rational advise and put a tight stop loss on this when advised...

Pretty sure a $1 trailing stop loss would have sold you out above $32.40 and you would have collected the last dividend, then when we get to the bottom, if you still wanted to play this name, you could buy like 10-15% more shares to ride the Merry-Go-Round again...

But I'm guessing most that frequent here didn't do anything of the sort... I tried to help...

I guess this points out that you were offended by my first post where I stated that I hoped the share price would reach $35........don't think so?.....then reread it. Must have offended you again with the second post when I noted that the share price had risen over a few days. Little did I know of your fragile sensitivities on this board. However, that time frame provided me with two opportunities, one to sell and two to buyback with a decent return. I will truly avoid your sensitivities in the future.


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