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Labrador Iron Mines Holdings Ltd (CE)

Labrador Iron Mines Holdings Ltd (CE) (LBRMF)

0.079
0.059
(295.00%)
Closed November 26 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
0.079
Bid
0.00
Ask
0.00
Volume
635
0.02 Day's Range 0.079
0.012 52 Week Range 0.12
Previous Close
0.02
Open
0.06
Last Trade
100
@
0.079
Last Trade Time
Average Volume (3m)
9,842
Financial Volume
$ 28
VWAP
0.043465

LBRMF Latest News

CN, Miners to Study Rail Line for Quebec/Labrador Iron Ore Range

By Judy McKinnon Canadian National Railway Co. (CNI) said Friday it will collaborate with one of Canada's biggest pension funds and a group of iron ore exploration and mining companies to fund a...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0592950.020.0790.0240000.04679CS
40.049163.3333333330.030.120.02130020.06177322CS
120.064426.6666666670.0150.120.01598420.06455666CS
260.039499.49494949490.03960.120.012101990.05320429CS
520.0114.49275362320.0690.120.012153280.05193354CS
156-0.005-5.952380952380.0840.150.012289100.0885431CS
2600.0481155.6634304210.03090.950.003913330.21070666CS

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LBRMF Discussion

View Posts
makinezmoney makinezmoney 52 minutes ago
Trumps Tarriffs gonna rock Iron Ore prices

Who wants all our supply out there, now's the time for them to make a bid for all of our reserves and make some money in light of this.
👍️0
Super Dan Super Dan 1 day ago
Mr.Kearny is stuck in the rest room cannot come out maybes later 
🤣 1
Skynet11 Skynet11 1 day ago
What financial reports is LBRMF lacking to bring it current to trade on the OTC again? I saw there's financial reporting but it's 'unaudited'.
👍️0
PureZoob PureZoob 2 weeks ago
That’s a coin toss question….I don’t trust the ceo and board of this company. They haven’t done a damn thing for shareholders in a very long time and should be ashamed of their efforts
👍️0
Mv1717 Mv1717 2 weeks ago
Do we think it's them failing us and being lazy or just scamming us?
👍️0
PureZoob PureZoob 2 weeks ago
These old mining CEO’s and their trashy habits need to leave the business & let some young blood move the needle. Sick of these old dunskies and their laziness
👍️0
Super Dan Super Dan 2 weeks ago
I guess everyone thinks like this 
👍️0
IB_ IB_ 2 weeks ago
I agree !!!!!!!!!!!!!

IB_🤴
👍️0
highjumper highjumper 2 weeks ago
AYM board calling it all a con job. The share price is sinking right through the floor.

You need to sell the Houston asset and get me my money back, Kearney the Clown.
👍️0
PureZoob PureZoob 2 weeks ago
Disastrous leadership who absolutely fails every time when it comes to communicating with shareholders. Publicly traded companies usually do, this CEO is absent
👍️0
Skynet11 Skynet11 2 weeks ago
Exactly. The financial reports are our only indication that Labrador even has a pulse. Very frustrating.
👍️0
RainMaker2213 RainMaker2213 2 weeks ago
Hopefully they will report quarterly earnings this month as they are due. This has been the only means of communication from the company as of late.
👍️ 1
Super Dan Super Dan 2 weeks ago
Is there a way we can get info's from this company like is the CEO still alive or what is going on .I am with Cir since 2012 and this is the best time now for this cie and nothing nothing is going on?
👍️ 1
PureZoob PureZoob 3 weeks ago
He’s wasted ALOT of shareholder time with his inability as ceo to deliver value
👍️ 2
highjumper highjumper 3 weeks ago
He needs to sell it immediately and stop screwing his investors. Ride off into the sunset, John.
👍️ 1
Skynet11 Skynet11 3 weeks ago
Now that Trump has won hopefully the capital climate will improve and Kearney can secure financing to get moving
👍️0
RainMaker2213 RainMaker2213 3 weeks ago
The fact that he keeps using his own money to cashflow the company has to be for a good reason.

With the company cutting off all communication to shareholders except for mandatory quarterly earnings, this is the point that I keep telling myself that Houston could happen.
👍️ 1
Skynet11 Skynet11 3 weeks ago
I agree Dan. Why would he keep spending $$ just for something NOT to happen? He must think something will in time. $$ isn't infinite!
👍 1
Super Dan Super Dan 3 weeks ago
From what I remember best announcement from Kearny were done near the end of November let's cross our fingers Houston resumes.
Otherwise I do not see Kearny spoiling more money just to keep some hope of resuming.
👍️ 1
highjumper highjumper 3 weeks ago
The volume of trading LBRMF in those days (2011-2012) was about 1500 on average. Just saying.
👍️0
Skynet11 Skynet11 3 weeks ago
That's why I've invested in this significantly. It's not your typical EM/Pink Stock. It actually has a product to sell/ produce and the company was operational and making a profit before. It's small potatoes compared to Rio Tinto, etc. but nonetheless it has done this before!! Come on Kearney! Secure funding and start digging!!!
👍️0
RainMaker2213 RainMaker2213 3 weeks ago
Amen to all of the above, Skynet!
👍️ 2
Skynet11 Skynet11 3 weeks ago
This stock does have a positive history dating back to 2012 and before when they were mining ranging from a few $ per share to almost $12 per share at its height. If it can just get off the ground and starting digging, this thing comes of EM and to a big board for actual trading.
👍️ 1
Mv1717 Mv1717 3 weeks ago
At least not being able to buy it has prevented us from wasting more money....
👍️ 1
highjumper highjumper 3 weeks ago
Some on the AYM board are saying the same type of things as this board... sale of the Grangesberg asset because NOTHING is happening and their shares are dropping. Same pattern. This is an incredibly elaborate scam, and somebody needs to get to the bottom of it very soon.
👍️0
PureZoob PureZoob 4 weeks ago
Lol, maybe he’s asleep at the wheel here… Fresh leadership to create shareholder value is very much needed.. Gotta get Houston rolling and he’s not the guy doing that.
👍️ 1
Skynet11 Skynet11 4 weeks ago
So tired of the price whiplash :( Come on Kearney! Bring us current!
👍️ 1
IB_ IB_ 1 month ago
Join The Movement !!!!!!!!!!!!!!!!!!!!!!

IB_🤴
👍️ 1
Super Dan Super Dan 1 month ago
Who will shake the clown ass?
👍️0
PureZoob PureZoob 1 month ago
Hope so! Still doesn’t get us a much needed replacement at ceo. This clown needs to retire
👍️ 1
RainMaker2213 RainMaker2213 1 month ago
Me too, Skynet!
👍️ 1
Skynet11 Skynet11 1 month ago
I think things will take off even more upon changing a new administration in the U.S. If Trump is elected I think the market will react positively. Even though the market has been 'up', I just feel in a way it's been stagnant, like it's not running on all cylinders due to inflation, energy, etc. I'm hoping that drops in interest rates will spark interest in financing, especially the Houston Project. We'll see. I've been hoping and praying.
👍️ 2
PureZoob PureZoob 1 month ago
What on earth are you talking about?! The market has been HOT for a year now.. small caps perhaps in this sector and the lithium stocks are down (so perhaps that’s what you mean?). LBRMF is shamefully down because of poor corporate governance, simple as that
👍️0
Believe444 Believe444 1 month ago
has anyone noticed the whole stock market is so stagnant and seems like it is on the verge of collapsing, and is hanging on to a thread, or is it just me?
👍️0
PureZoob PureZoob 1 month ago
I never claimed to be a CEO or have those abilities. But I know what GOOD looks like and this ain’t it buddy!!!!!!! Kearney is weak
👍️ 3
xAD21 xAD21 1 month ago
maybe you should run it since you seem to know whats best.... better then people who have done it their whole lives, for multiple companies, and made real money.
👍️0
Mv1717 Mv1717 1 month ago
So scam?
👍️0
PureZoob PureZoob 1 month ago
I’m yet to find a Canadian mining sector CEO worth their salt! Most of these guys are either shady or incompetent
👍️0
RainMaker2213 RainMaker2213 1 month ago
Yikes!!!
👍️0
PureZoob PureZoob 1 month ago
I sent a letter to Kearney voicing shareholder displeasure with his actions as ceo. No reply of course, typical absentee landlord mentality. Definitely not a LEADER
👍️0
Shadar Shadar 1 month ago
I just looked up the symbols for all the Companies listed, and not one of them, other than Anglesey Mining, has a share price over $.10. Most of them are not over $.02.
👍️ 1
RainMaker2213 RainMaker2213 1 month ago
Crazy!
👍️ 1
PureZoob PureZoob 1 month ago
Hi Rain,
Nope, no response which is typical for lazy mgmt. We deserve better my friend!
👍️0
RainMaker2213 RainMaker2213 1 month ago
Zoob, did you ever receive a call or a letter in response to the letter you sent to their office?
👍️0
PureZoob PureZoob 1 month ago
Proof is in the pudding. Look at the share price.. no shareholder value under his leadership and that means he should be replaced Imo. Get a ceo who cares and can deliver value
👍️ 1
highjumper highjumper 1 month ago
I want to know more about this stuff... https://ibb.co/chDGspt Apparently, Mr Bowden collected a lot of information about the companies that Kearney has been involved in.

Again, as I stated previously, there are similar patterns in these allegations and what we've seen.

To note, Gordon Bowden passed away a few years ago. Also, Mr Varma and another LIM employee have passed in the last couple of years. Not making a connection, just saying.
👍️ 1
The Philosopher The Philosopher 1 month ago
Previous info regarding M.Kearney vs Anglesey

(Posted on 29 October 2023)

Anglesey shareholders oust chairman John Kearney

Anglesey Mining plc shareholders voted against re-electing chairman and director John Kearney after his nearly 30 years’ service with the group.
Support: highly significant contribution during his tenure as chair (Pixabay)

At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld.
Non-executive director Andrew King will act as interim chairman while a formal process begins to appoint a permanent successor.
Finance director Danesh Varma said: “On behalf of the board and colleagues at Anglesey Mining, I would like to thank John for his highly significant contribution to Anglesey Mining during his tenure as chair and for his support to me personally.
“John has played an instrumental role in the life of the group over the past 29 years and will be sorely missed.”

Mr Kearney is chairman of the company’s investee (12%) Labrador Iron Mines Holdings Ltd, Canada and a director of joint venture partner Grangesberg Iron AB in Sweden.
👍️ 1
The Philosopher The Philosopher 1 month ago
The problem with M. Kearney is not that he is not qualified enough. Look at the info below regarding is experience in the mining sector.The problem is he is getting too old...How old is he? 75?

From Wall Street Journal

John Francis Kearney
Chairman & Chief Executive Officer, Labrador Iron Mines Holdings Ltd.
John Francis Kearney is a Canadian businessperson who founded Labrador Iron Mines Holdings Ltd. and who has been at the helm of 16 different companies. Mr. Kearney occupies the position of Chairman for Conquest Resources Ltd., Chairman & Chief Executive Officer at Labrador Iron Mines Holdings Ltd., Chairman at Royalties, Inc., Chairman for Canadian Manganese Co., Inc., Chairman at Minco Exploration Plc, Executive Chairman & Chief Executive Officer of Minco Plc and Chairman & Chief Executive Officer at Buchans Resources Ltd. Mr. Kearney is also Member of The Canadian Institute of Mining, Metallurgy & Petroleum, Member of Prospectors & Developers Association of Canada and Member of Law Society of Ireland and on the board of 9 other companies.
In the past John Francis Kearney held the position of Chairman, President & Chief Executive Officer of Campbell Resources, Inc., Chairman & Chief Executive Officer for ZincX Resources Corp., Chairman of Anglesey Mining Plc, Chairman, President & Chief Executive Officer for Northgate Minerals Corp., Chairman of NorZinc Ltd., Chairman, President & Chief Executive Officer of MetalQuest Minerals, Inc., Chairman, President & Chief Executive Officer of Sonora Gold & Silver Corp. and President & Chief Executive Officer for Sulliden Gold Corp. Ltd.
John Francis Kearney received an MBA from Trinity College Dublin and a graduate degree and an undergraduate degree from University College Dublin.
👍️ 1
makinezmoney makinezmoney 1 month ago
China has so much scrap…. Built all those buildings and now tearing them down, properties in shambles.

No worries….. time to l8mit China 🇨🇳 anyways
👍️0
Super Dan Super Dan 2 months ago
With tax on iron and aluminum of 25% China will not buy iron ore from Canada anymore bye bye Houston
👍️0

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