Labrador Iron Ore Royalty Corp T.LIF

Anyone buying yet?

[splurge]

When to buy. Steel will be around for a long time. China will have to increase steel production at some point. and the world economy is not dead yet.
splurge

[splurge]

Your silence is says a lot. Champion is down less than 4%. Can't rationalize LIF down 10%. splurge

[ckwong]

LIF always has big swings. I think biggest fear is the economy goes to stagflation and the rebuild of infrastructure will be suspended that can be translated to low steel demand. China was conceived as the major customer of LIF but I am not sure it is true. Even so, the new eCAR promotion will help North America and Europe to develop high steel deman. But the market may want to see the 8.26 COVID

[PileOfShit]

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[RetireAt55]

I bought some yesterday. Had some before and doubled my position. Timing was not the best, but as some of the other posters commented, steel will be around for a long time. I am expecting that it has been oversold, so maybe a bit of a bounce tomorrow. GLTAL