Bullboard - Stock Discussion Forum Labrador Iron Mines Holdings Ltd LBRMF

Steel Steel

Labrador Iron Mines Holdings Limited, through its subsidiaries, is engaged in the exploration and development of iron ore projects situated in the Menihek area of western Newfoundland and Labrador and northeastern Quebec, near the town of Schefferville, in the central part of the Labrador Trough region of eastern Canada, an iron ore producing regions in the world. The Company’s focus is... see more

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Labrador Iron Mines Holdings Ltd > Listing for LBRMF

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Post by MBLAIR34 on May 29, 2021 11:14am

Listing for LBRMF

I understand the company is working on both a financing to restart production and a new Canadian listing which will improve liquidity. With currently high iron ore prices and low capital costs to restart production, financing should be available, and coupled with a listing on a Canadian exchange should see the stock substantially higher. Time frame? Likely no more than 6 months in my opinion.

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Comment by Windsurf74 on May 31, 2021 5:27pm

If LBRMF could list on a Canadian Exchange that would be amazing... that would save lots in taxation if anyone holds this in a registered account!! Fingers Crossed!!

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Comment by quinlash on Jun 24, 2021 12:25pm

Snow is gone, frost is out of the ground, spot price is the highest it has been in 10 or 15 years. If there is a case to re-open the mine it has never been stronger that it is now. I am a bit behind on news for this one so I need to do more digging. In the meantime I am just setting price alerts in case the SP makes a massive move outside of the trading range over the last ...more

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Labrador Iron Mines Holdings Ltd