Member Info for spenfold

So LIM say PEA results expected end of 2020, but AYM say early 2021 ??? LIN rns was end of November, look at the huge numbers

As the appropriate next step to advance the Houston Project, LIM has engaged Roscoe Postle Associates Inc.
(RPA), now part of SLR Consulting Ltd. (SLR), to complete an independent Preliminary Economic Assessment (PEA)
and a current NI 43-101 compliant technical report on the Houston deposit to be used for consideration of possible
financing options to advance the Houston Project. The PEA is expected to be completed around the end of 2020.

LABRADOR IRON MINES REPORTS
SECOND QUARTER SEPTEMBER 30, 2020 RESULTS
Preliminary Economic Assessment (PEA) on Houston Project Continuing
Toronto, Ontario, Canada, November 30, 2020. Labrador Iron Mines Holdings Limited (“LIM” or the “Company”)
(OTC: LBRMF) reports its financial results for the three and six months ended September 30, 2020.
This News Release should be read in conjunction with the Company’s unaudited condensed interim consolidated
financial statements and Management’s Discussion and Analysis (“MD&A”) for the three and six months ended
September 30, 2020, which are available on the Company’s website at www.labradorironmines.ca or under the
Company’s profile on SEDAR (www.sedar.com).
All currency references in this news release are expressed in Canadian dollars, unless otherwise indicated.
OVERVIEW
The Company, through its majority owned subsidiaries Labrador Iron Mines Limited (“LIM”) and Schefferville Mines
Inc. (“SMI”), is engaged in the exploration and development of iron ore projects in the central part of the Labrador
Trough region, one of the major iron ore producing regions in the world, situated in the Menihek area in the Province
of Newfoundland and Labrador and in the Province of Quebec, centered near the town of Schefferville, Quebec.
LIM owns extensive iron ore resources as well as mineral exploration claims in Newfoundland and Labrador and in
Quebec (collectively, the “Schefferville Projects”). LIM holds measured and indicated DSO mineral resources of
approximately 55 million tonnes at an average grade of 56.8% Fe and inferred resources of 5.0 million tonnes at an
average grade of 55.6% Fe on its Schefferville Projects. LIM also holds approximately 50 million tonnes in historical
resources in various deposits.
In addition, LIM holds the Elizabeth Taconite Project, which has an inferred mineral resource estimate (as at June
15, 2013) of 620 million tonnes at an average grade of 31.8% Fe.
In light of persistently stronger iron ore prices over the past two years, and with increased inquiries and expressions
of interest from potential off-takers seeking iron ore supply and encouragement from local indigenous stakeholders,
LIM is now working to advance Stage 2 of its planned direct shipping ore mining operations, which involves the
development of its Houston Project, located about 20 km southeast of Schefferville. Subject to securing development
financing, LIM is working to commence production of direct shipping iron ore from the Houston deposits at the earliest
opportunity.
As the appropriate next step to advance the Houston Project, LIM has engaged Roscoe Postle Associates Inc.
(RPA), now part of SLR Consulting Ltd. (SLR), to complete an independent Preliminary Economic Assessment (PEA)
and a current NI 43-101 compliant technical report on the Houston deposit to be used for consideration of possible
financing options to advance the Houston Project. The PEA is expected to be

Thank you, trading is difficult at times, always do your research first, although there was a mix up with the LiM and Limh, this share has plenty of running room for new investors, but never invest more than you can afford to lose, I have learnt a few valuable lessons on my journey and still continue to learn and make mistakes

I have sold 50% of the shares I bought at 2.7p thankyou, when did I say I haven't invested wisely, get your facts right you imbecile, I have a free ride in AYM so my investing is spot on,

Yeah they are a bunch of losers at Halifax and don't class RBD as a tradable share, use Hargreaves Lansdown or another online broker

The so called LTH holders criticising last few days sold out at 8p and then started slating the positive but maybe over Zealous posts by boom and co and had created negative sentiment here , bet you they are the ones buying in with there 8p profits at the bargain prices first thing, they are the ones who should be the ones named and shamed, now the price is rising they have disappeared under the rock they crawled from.

How can a company with the assets below have such a minuscule market cap when companies out there with nothing have mcaps 10x IRON's, Directors with holdings averaging treble this miserly SP is beyond me, we should be around 1.5p before any news.

80 million tonnes of magnetite ore - the JORC compliant mineral resources demonstrates holds 1.6 billion pounds of Vanadium, the equivalent to four times annual global demand
32 million tons of High Purity Iron in situ
9 million tonnes of Titanium

Do your maths everyone, we could be sitting on a 100m to 200m buyout company here, 10, 29, 30, 40x who knows

Nothing changed here, SP has settled around 5 to 6p.mark, Parys PEA results before or just after Xmas break, my 10p target still on for January, LIM PEA further away than anticipated but early 2021, so probably February, March time, such a tiny market cap here, if positive Parys PEA then 10p, if positive PEA from LiM then the sky is the limit, 5 to 6p is a good entry point with the newsflow coming.

GLA and kets have a Merry Merry Christmas

Was meant to say not influenced by booms posts doh

Was meant to say not influenced by booms posts doh

Skilled pump and dumper ? Are you invested here? I am in IRON and AYM and was influenced by Booms posts, I did my own research as should all investors l, anyone investing on hearsay is completely bonkers stop trolling and stay on your own investment chat please.

To put things in perspective and not ramping too much, the value of an asset is normally 10% of the in the ground value, Labrador Mines have $70bn in the ground so a valuation of LIM could be $7bn which puts AYM 12% holding at $840m which is £623,410,200.00 Pound sterling and that's without Pary, go home this weekend and just imagine if AYM get there share bought from them, maybe £500m for a quick sale ????? That's 50x where we are now £2.50 per share

Sorry $15 not 15p ha ha ha 9c to

LIM were 15p 2012 when producing that's a 166.67x it's sp of 0.09p of today's price, AYM was 88p, with big PEA update this will happen and that is without Pary, iron ore and other metals booming, China crying for it and trillions to spend on them, could this be a Merry Christmas for AYM holders ? Even the LTH locked in here

Sorry, the end should say without our other projects, pesky phone

AYM has a 12% holding in Labrador Mining who has a $70bn metals resource, £8m mcap, this will be like GGP and SOLGOLD combined but on steroids.

AYM could potentially a minimum of £800m mcap if Labrador mining sells the whole resource for 10% of the value and thats with our other projects.

Don't be dumb, come and buy some

Wow, $5bn severely underestimated it is $70bn so AYM could be valued at $8.6bn ????? WTF that is incomprehensible

Labrador Mining has $5b of assets in the ground ready for production, only $12 per tonne to get out of the ground, metal ore is skyrocketing and China are crying for it.

What the hell is AYM doing at a $10m market cap ????????????
Do the maths, when LIM starts producing or sells the whole asset what will AYM mcap be ????????

My guess is between $100m to $150m

Who wants to be out of this must be a complete ninconpoop

Meant to say pfffffffft not puffy, silly predicted text ??