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Bullboard - Stock Discussion Forum 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... see more

TSX:LIF - Post Discussion

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Post by TheBridge on Aug 09, 2021 12:15pm

Just Noting

Just read an article in today's Globe and Mail, the article was by Clyde Russel, Reuters, Australia.
You can read it yourself as I'm just picking out a bit that caught my attention. He states that, "China has switched from driving global demand for major commodities to being a drag on growth, with July's customs data confirming the weakening trend for imports of crude oil, iron ore and copper. The exception here was in coal. Among metals, iron ore imports fell for the fourth consecutive month." I'm hopeful that this might provide me with another opportunity to add more shares at a much lower price.
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