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Gold/Mining/Energy
yet another dark horse stock; adding another penny pencher
An SI Board Since August 2020
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Labrador Iron Mines

OTCMKTS: LBRMF

Is almost too darn low to go any deeper below. The Sister corporation (just add royalty to the name) has interesting prices though.

thedailychronicle.in

it's mentioned in here as well.

Interesting read, might be worth one's while to shake a stick that way. Ok, it's basically so cheap the cost of the transaction would exceed the actual value, who am I kidding.

Or would it?

Time will tell.

labradorironmines.ca
Labrador Iron Mines Holdings Limited (“LIMH”)
labradorironmines.ca

Sale of Camp Equipment In October 2019 LIM completed the sale of its site accommodation camp for net proceeds of $0.05 million. The purchaser also agreed to take on responsibility for future site reclamation obligations in place of LIM. The purchaser intends to renovate the camp and recommence operation to service the accommodation needs of the mining industry in the area, including potentially LIM in the future. As a result of the sale LIM was relieved of the camp upkeep, security, and insurance obligations.


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