clq price drop, page-152

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21/04/18

12:31

Post #: 32603062
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Originally posted by Polly Waffle ↑

I hold long at higher than present price so will be stopped out if price breaks lower. I know how to invest long term. Meanwhile the Scandium fluff going around is in a no-hurry phase. The Canadian scandium company TSX:SCY (see below), only 6 months ago approved for an engineering company to begin autoclave procurement when "a typical delivery period for a large titanium clad autoclave is in the range of 22-24 months." Sc is a sideshow at present and water treatment isn't profitable. Ni & Co are go.

News
Oct 19, 2017
Scandium International Initiates EPCM Critical Path Engineering on Nyngan Scandium Project

Reno, Nevada, October 19, 2017 - Scandium International Mining Corp. (TSX:SCY) ("Scandium International" or the "Company") is pleased to announce that we have instructed Lycopodium, our EPCM Engineering Contractor, to initiate critical path engineering for our Nyngan Scandium Project in NSW, Australia. Lycopodium will commence work immediately on select critical path components for the project, including design and specification engineering on the high-pressure autoclave unit, associated flash and splash vessels and several specialized high-pressure input pumps. This engineering work will enable final supplier selection, firm component pricing and delivery dates for these key process components.

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Everything is a sideshow at present, and has been since I initially invested when share price was at 5c. Both scandium and water will be of significant value to CLQ; it doesn't matter to me that you can't see that. It would appear that I have a longer investment timeframe than you do. Cheers.

CLQ Price at posting: $1.04 Sentiment: Hold Disclosure: Held
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clq price drop, page-152

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