Labrador Iron Ore Royalty Corp T.LIF

LIf Kind of harsh

[splurge]

What are the reasons stock is down so  so much. Divy should be $1.00 per qtr this year and IOC operating company has a bit of growth initiative with their cap ex and possibly higher volumes. 
Management change seems irrelevent to me although RBC down graded to sector perform but increased their target price.
Record date is approaching.
Iron ore pellet prices are down slightly from peak but should average much higher than last year.
Long bond yields  are off theiir peak so rates not likely the issue.
??

Splurge

[pierrelebel]

Iron ore prices tumbled on Monday, dragged down by concerns over weak demand for the steelmaking ingredients, as markets eyed the possibility of further production cuts in the top steel-producing city of Tangshan. China’s top steelmaking city said it will punish firms that either have not taken the steps spelled out under its emergency anti-pollution plan or have illegally discharged