He's learning as much as he can about this stock. He's nervous about little markets with great, big technogical promise. This could be a good market performer this year. Perhaps own this for the long-term, but knuckle down and learn what this company does with aluminum alloy technology.
(Top Pick Mar 7/16, Up 135.48%) He thinks it is going to go a lot further in the next couple of months when we hear they have the mine lease. They are putting only a fraction of the deposit into production because demand has to develop. Any user needs reliable supply. These discoveries in Australia are a game changer. This market could explode.
We are about to enter a really good age with Scandium as we learn to combine it with aluminum. This orphan company that was shunned is about to launch into a different realm where American investors come and take over future funding of this company.
Scandium makes aluminum special. It makes it stronger and corrosion resistant. It is also very workable, so it competes very well against other alloys. We are a couple of weeks away from the feasibility study and an environmental impact statement. Hopefully, there will be a mining permit in 6 months. Looking for production in 2018. The market is not believing this is at all possible, so this is a bargain. They have 100 years of supply.
Scandium International Mining is a Canadian stock, trading under the symbol SCY-T on the Toronto Stock Exchange (SCY-CT). It is usually referred to as TSX:SCY or SCY-T
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On 2024-11-20, Scandium International Mining (SCY-T) stock closed at a price of $0.015.