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Bullboard - Stock Discussion Forum
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 Discussion
Labrador Iron Ore Royalty Corp
> Future dividend
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rockmstockm
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Post by
rockmstockm
on May 07, 2021 3:30pm
Future dividend
iron prices soaring, are we looking at a 1.30$ dividend?
(31)
•••
ElanS2
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Comment by
ElanS2
on May 08, 2021 1:59pm
If you would like some up to date info on markets go to the CIA website and sign up for newsletters. The CIA leadership are very communicative and give a good view of the potential of the Labrador Trough. Our well paid CA could do something similar. They must be too busy doing other stuff or not paid enough. Go to the CIA BB for a table of iron ore prices. Note that the 65% fe index is what
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(9)
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rockmstockm
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Comment by
rockmstockm
on May 09, 2021 3:02am
204$ fe 65% as of Friday
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