Member Info for spenfold

LIM 43c and rising, 2021 gonna start with fireworks for AYM, yipee kyaeeee mother fu@#ers

Wow, LIM up 14.58% to 28c already today, something breaking, AYM is a 50 bagger in the making, £2.50 to £3 a share ?????

Oops, spelling error AYM ????

Wow LiM over 21% up now at 24c, rns surely due, a leak maybe ?

I will be adding more ATM to my portfolio in the morning if LiM keeps rising

Labrador Iron Mines are flying again, up over 11% to 22c, newsflow on PEA overdue, from 5c to 22c in quick time and AYM holding 12% with 6% of whatever resources come out in the PEA results all theirs, $10bn resources is $600m to AYM.

Let's hope this happens, a 50 bagger in the making

Could this be a happy new year to all

Of not if

Strong buy here, nobody cares about him and his grumpy riposte, do your own research and see how huge Labrador Iron Mines and Pary's could be, 88p for Anglesey is not impossible but only invest what you can afford to lose, LIM has over 600m tons of ore and AYM has a 6% if whatever this is worth

Parys and.LIm PEA coming.soon, New Year Fireworks may.come early.

Labrador Iron Mines were around $15 when iron was last at a high 7 years back, now sits at $0.20, do the math, if positive PEA then 88p in Anglesey will be a sinch whatever the 2 deramping bores say.

LIM Up 37.93% to $0.20, wow, time for some fireworks

Yep Labrador Mining up 7% at $0.16 today, iron is hot property at the moment, rerate coming to Anglesey very soon 20p to 50p easily achieved if positive PEA and maybe higher with over 60pm tonnes of iron ore

You also need to account for the % purity, many have made the mistake of using the gross amount of ore not the purity, but even so you can half that figure and get to the amount AYM used to be which was 88p,

Looking at the positive moves at LIM last few days I expect their PEA results before Pary's, having both before Xmas would as Sir Michael Caine said "You were only supposed to blow the bloody doors off.:

Yep, up 36% now $0.15
10p AYM tomorrow I reckon, news imminent

LIM is flying again up 22% today, positive PEA result coming with 600m tons of iron, huge numbers for 12% holder AYM who own 6% of any value in the mines

WOW just wow, I will check this out myself in a bit, if this is true then even a low ball offer could give us £100m to £200m

Ironveld have been a constant disappointment for many investors, could this finally be their Golden Egg to us all

HAPPY DAYS Merry Xmas

WOW, JUST WOW, such a tiny MCAP sitting on £billions with an off take agreement for Vanadium in place, surely a rerate plus a buyout opportunity for the big boys ?

Ironveld (IRON.LN) is the owner of Mining Rights over approximately 28 kilometres of outcropping Bushveld magnetite with a SAMREC compliant ore resource of some 56 million tons of ore grading 1,12% V2O5, 68,6% Fe2O3 and 14,7% TiO2.

The Definitive Feasibility Study published in April 2014 confirms the project's viability to deliver a Vanadium **** product for which the company has an offtake agreement as well a High Purity Iron product which commands a premium in the market place and Titanium **** containing commercial grades of titanium.

Another day closer to the Parys and LiM PEA results, with Parys we should be looking at a £50m Mcap and with LiM up to £150m, they may seem like pie in the sky figures but with over 700 million tonnes of metal ore between them and metal commodities booming why the hell not ?

Humber still selling, next week a nice steady rise as these shares will be eaten up fast, an RNS coming next week I assume showing there reduction in share holdings in RBD, 0.7p next week then to the moon IMHO obviously

OPERATIONS UPDATE
A limited rehabilitation program of top-soil spreading with seeding and re-vegetation was completed during the
summer of 2020, which cost approximately $150,000 in contractor costs.
LIM followed the instructions and advice of Provincial and Federal health authorities, as well as industry-wide best
practice guidelines, to help limit the spread of Covid-19 and protect local communities. In June 2020, the Minister of
Natural Resources announced measures to assist the mining, and mineral exploration industries in Newfoundland
and Labrador during the Covid-19 global pandemic, including deferring rental and fee payments and waiving mineral
expenditure requirements for 2020. LIM’s obligations deferred as a result of this relief include mining and surface
lease rentals and mineral licence renewal fees. Additionally, LIM’s mineral expenditure requirement planned for
2020 has been waived.
The Province of Quebec also announced Covid-related relief measures to assist the mining and minerals industry in
Quebec. All claim renewals and work commitments have been waived for one year beginning April 9, 2020.
IRON ORE PROJECTS
LIM’s Schefferville Projects now consist of the Houston Property and, subject to further exploration and
development, other iron ore properties in the vicinity of Schefferville, including the Elizabeth Taconite Property.
Houston, which is LIM’s principal asset, is situated in Labrador about 20 kilometres southeast of the town of
Schefferville, Quebec. Together with the Malcolm deposit, considered to be its northwest extension, Houston is
estimated to contain a NI 43-101 resource of 40.6 million tonnes of direct shipping ore (DSO) grading 57.6% Fe.
The Houston development plan is based on lower-cost dry crushing and screening only. When in full
production, Houston is expected to produce consistent saleable product of about 2 million tonnes per year, with an
initial mine-life of about 10 years.
Development of the Houston Project, which is planned as LIM’s next DSO project, is subject to the availability of
development financing, and securing such development financing requires market confidence that the current
improved level of iron ore prices will be sustained. LIM continues to monitor iron ore market conditions as they relate
to the availability of development financing.
IRON ORE MARKET
For the past two years the iron ore price has often exceede