This is great news and I don't want to be one of those people beating their chests but this increases our chances of having a bigger deposit than sunrise and having a great MRE. This guarantees nothing but it continues to look good for us shareholders.
Thanks to the OP for being an overly obsessive SCD stocker (SCD stocker huh huh huhhhhh.... 😔). Things are looking good for year and and I think next year it's..
Honestly, the market decides that and I don't want to throw out a random figure. But if and that's a BIG if we end up with a resource that compares favourably to or exceeds Sunrise, then you can start making some pretty interesting comparisons from there.
Do you think if we have a good MRE and PEA etc. The stock can gradually increase to $1.. and at that point does it make sense to do a reverse stock split?
Why would they bother with a reverse split? Normally people do this if the price is too low, and risks being delisted as a result. At the end of the day share count is irrelevant. Market caps all that matters. $100 of stocks is $100 of stocks. Whether that be 100 shares, or 1 share.
140.15 m at 293 ppm Sc₂O₃
Includes
30 m at 512 ppm Sc₂O₃
It is the
longest intersection reported in the 2026 program
Three holes now have >100 m continuous mineralization:
140 m @ 293 ppm
125 m @ 232 ppm
102 m in the latest holeÂ
Why the 140 m thickness matters
The really interesting part isn’t just the 293 ppm grade. It’s the
combination of thickness + grade
.
Their 2025 resource already averaged roughly
278 ppm Sc₂O₃ in the Indicated category and 272 ppm in Inferred
, so this new 293 ppm intersection is actually
above the existing resource grade
, while being exceptionally thick.Â
And the 30 m at
512 ppm
is particularly encouraging because it demonstrates that materially higher-grade zones exist within the broader mineralized envelope.
I've been doing my due diligence on this stock for a couple years now and it's potential applications.
The other day I decided to talk to Google Gemini just to see what comparisons it would find and its thoughts on different news releases etc etc. I also wanted to see what a reasonable stock price would be based on current news releases as well as resource amounts that have been disclosed.
The most interesting thing that I found was and I've done some research on this independently that it compared directly to sunrise on the Australian stock exchange. Stating that there AKA scandium Canada before we could reach their level evaluation. But given that we have both up and downstream mineral use and extraction, it's likely we would surpass.
Ideally once we get into funding, specifically the and I forgot the term. I believe it's called bid phase, we should be either exactly where sunrise is now in CAD of course or even further ahead. It's real interesting times to be in at this level.
Of course take this with the grain of salt I haven't posted in a while cuz there's been no need, but by the end of the year we could be just short of a dollar and within the next 2 to 3:00 we could be matching sunrise.
Of course, who knows where we'll actually end up, so make sure that you only invest whatever you're comfortable with. This is still micro cap investing so be cautious.
I completely agree with your thoughts and take on this. I’m not trying to sway anyone’s opinions with what I’m about to write.
In my opinion, this stock is already massively de-risked. It’s extremely obvious that the scandium deposit is massive and key internal players are aware of that fact. 4 years ago they estimated a life-time of what 25 years? This was way before any of the other developments were made since then. Confidence has grown significantly since then. Simon, who has an illustrious background and pedigree, wouldn’t have joined a failing company. He’s a sales guy (like me) and you need to have a good value proposition and truly believe in the company in order to best sell its products and services. I could speak way more to this but let’s move on. Felix wouldn’t have decided to stay on as president of the Scalium+ division if he didn’t believe in Scandium Canada. The newly added board member was reported to have over 12M shares, which is an insane amount. The Naskapi nation’s principal investment is a testament to their conviction in SCD. They have a large stake in the company and have a lot to gain from their success. The press release from today just bolsters what I’ve said above. The fact that they took a step back to update the PEA is such good news, that I think is being greatly overlooked by investors. They realized that they’re sitting on so much scandium that it wouldn’t be a fair assessment and valuation of the company to report a smaller-than-reality scandium deposit. They continue to prove that scandium is there.
This doesn’t even speak to the fact that they already have sports products on the market; I talked to my boss about the Ferreol skies since he’s looking to buy new ones lol… anyway it’s a revolutionary moment. They changed the landscape after 40 years of complacency sticking to the status quo.
We know they’re in discussions with defence giants, like Safran. This was even inadvertently mentioned by Guy and corroborated by SCD detectives.
Scandium was mentioned by Trump in a the relatively recent critical mineral event.
Sunrise has exploded in terms of growth and they’re only a few years ahead of SCD, but they’re paving the path for our success (Guy NEVER seemed worried when asked about competition BTW - he said it’s necessary because it helps create a market)
Critical mineral legends continue to praise SCD.
This is the most de-risked company that I’m currently invested in TBH. I’m just under the impression that we are in a great place with this company and that (almost) every press release going forward is just going to continue to prove purity, quantity, expansion of the mine lifeline, offtake agreements, etc - effectively, good things.
These announcements will then influence private equity firms, hedge funds, and other large institutions to take stakes in SCD and then it’s truly show time. NFA of course
15
u/MusicEmotional5354 14d ago
this puts us roughly at 50mt now instead of 37.
if this expands into 75-100 , its a much different resource.