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Bullboard - Stock Discussion Forum Scandium International Mining Corp T.SCY

Alternate Symbol(s):  SCYYF

Scandium International Mining Corp. is a mineral exploration and development company. The Company’s advanced project is the Nyngan Scandium Project, located in New South Wales, Australia (the Nyngan Scandium Project), on which it holds a mine lease grant, a development consent, and 100% of the mineral rights. The Nyngan Scandium Project site is located approximately 450 kilometers (km... see more

TSX:SCY - Post Discussion

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Post by northmark on Mar 19, 2022 1:18pm

Patents

So we have 9 patent grants and 13 others filed as of the recent 10k filing. I noticed in the patent program summary that the patent filed in May regarding processing HPA has an asterisk. The attached note states that this final patent application was published on Dec 2/21, this is way earlier than the typical 18 months. It's my understanding that a filer can request early publication because you can claim pre issue royalties if the patent is granted. I'm going to contact management to confirm if they requested early publication. There are also an additional 2 patents not yet publicly disclosed.  Are these new filings an improvement over the original HPA process? More bread crumbs from Putnam? It seems to me that things are progressing nicely in Nevada.
Comment by ScandiumPower on Mar 20, 2022 1:37pm
I hope everything goes well with CRM and HPA. It would be better to start production of anything in industrial scale than just pending number of patents. I have experienced on that and poor still.
Comment by northmark on Mar 20, 2022 2:15pm
For me it's just confirmation that they're doing something. As for the patents themselves the real value is "first to file" as this stops any 3rd party attempt to disrupt progress with delays through legal action.
Comment by Zerosum on Mar 20, 2022 7:34pm
The HPA oes have an excelerated review status. Take a look at this NR from Barrick. They just got a monster copper deposit back out esgrow of a 11 year legal dispute. Was Bristow thinking about this mine when he engaged SCY? This could mean we are no longer a one mine wonder folks. Reducing waste and cleanly extracting critical metals from copper waste stream. https://www.bloomberg.com/news ...more  
Comment by northmark on Mar 21, 2022 6:19pm
I received a response from GP regarding publication of HPA patent application. "The original patent was filed in 2020, the final app was filed in 2021.  The confidential wrapper on the patent app expired after a period that began with the initial filing, and the US Patent Office made the decision to make it public at year end 2021."
Comment by Zerosum on Mar 21, 2022 7:00pm
Most patents go "public six months into the process that usualy takes 15-18-24 months. That patent filer is granted a paten protection status when that happens. It is another way the office vets patents by making them public. While it is not granted and thus really cannot be licened it is not possible to steal the tech either. Well somone could but they would be breaking patent law even now.  ...more  
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