Labrador Iron Mines Holdings Ltd (EM) (LBRMF)

This hot mess still awaiting the amalgamation? Smh, sheesh

I encourage anyone Invested in this junk to contact Canadian Securities Commission as we’ve done.. time to call out what’s going on here

Just emailed them!!!!!!!!!!!!!!!

Contact info's are on the left column. I've submitted an email and ask anybody reading this and invested in LBRMF to do the same...

https://www.osc.ca/en/about-us/contact-us

Know of any good law firms that handle corporate fraud cases? There’s likely significant evidence, maybe I’ll email Hindenburg, they research scam companies like this

A civil class action suit is all we need... but feel free to correct me if I am wrong. He likes to screw people, so let's return the deed and screw him and his negligent pals.

is anything Kearney is/has done actually illegal though?
Sure feel illegal to us

Everything he's been involved in has the same result. Patterns are what they are. It's more than just LBRMF.

Yup.. and class actions typically result in Pennie’s On the dollar being recovered.. sad that this company sucks this badly

Would need to prove prove he knew the project was impossible or had no intention of pursuing it when they issued the press release

Eventually what happens In “the dark” gets exposed by the LIGHT. If this guy and his associates has a long history of fraudulent behavior, then this is going absolutely nowhere. I still believe there’s a strong case for a class action suit based on keaney’s press release on Houston that “baited” shareholders, got many on “the hook” then ZERO done with Houston in 5 years………..

No worries. Five years of carrot on a stick (not even that at this point) and accountability is now due. This was fraud, and there is a long pattern of it if you dig deep enough.

I can’t reply privately for some reason but yes, shady history with this CEO!!!!!!

I can’t reply privately for some reason but yes, shady history with this CEO!!!!!!

Ok!

Check your messages, Zoob

At this point (5 years post Houston PEA) they should just close up shop… literally zero going on here or wait, maybe there is but shareholders are in the dark, no communication whatsoever on a monthly basis to inform us how our hard earned money which we spent here is being used to advance this company forward. Shame on this mgmt team for being this incompetent

Fellas isn’t it fraud when the CEO pumps a stock to gain investors (PEA) then goes radio silent for the next 4 years? This company should 100% be investigated… if this were a US entity, I’d drop an email to my long time personal friend who’s fairly high up the ranks in the SEC…..

Me too. One can only hope at this point.

Me too. One can only hope at this point.

Rain it’s time for this company to be held accountable to shareholders for their blatant mismanagement & incompetence

Want to clarify a comment I made - I hold a seven figure share position.

Still a significance investment that I hope I get back one day, and all of you too.

Wanna get Kearney & Co’ attention, let’s litigate. A nice class action lawsuit with compensation contingent on what monies are recovered is a great idea. This circus must be exposed for what it is, fraud ….

Wanna take the lead in getting counsel involved? I think it’s time for shareholders to sue the hell out of this group of fraudsters

Those false price targets on MarketBeat are what got my attention, followed by the PEA readout and excitement. Now I’m holding a seven figure position that I can’t trade. What a mess!

I’m still hopeful that something happens and we can at least recoup our investment. Would love to see someone buy the company and put it to life.

Correct... I was on that meeting too. Kearney was giving dates to keep everybody hanging in there, and slowly those dates came along, and then nothing... for years. What happened to all of the Gerald Group stuff? What happened to the $35 price targets? Ohhh... that was BS intently confused with Labrador Iron Ore Royalty. Sneaky sneaky.

One of the days, an iron wrecking ball is going to go right through these unethical pieces of shit. In John Kearney's own words... "it always does".

Kearney conned potential shareholders into buying with his misleading statements on Houston and the PEA. Fraud & prosecutable imo. Smells like a class action case to me

Kearney conned potential shareholders into buying with his misleading statements on Houston and the PEA. Fraud & prosecutable imo. Smells like a class action case to me

How can I buy shares? My Fidelity account wont let me. I already lost a boatload so at this price I'd like to throw some more money to the wind.

With the supposed amalgamation in Nov, that means we get to look at our large investments (five figures for me) continue have a value of single digits... fantastic. It's been over five years of our money being trapped in this scam artist BS. The Houston and Malcolm projects have been sitting there with sampling done and tree clearing to rail for over twelve years, and it is far past time for Kearney to try save his ass from Hell. At this point. he is nothing but a thief. I'm not the first to level that claim.

Google Gordon Bowden and Anglesey Mining... years ago he explicitly named John Kearney, along with others in the Anglesey scam that is still going on, and also mentioned the Canadian mining scams many of the same network have been involved in. The Anglesey Parys Mountain project has been a multi-decade scam.

John Kearney is not a good person. He's not stupid, but he is a scam artist.

Run the following through your favorite AI and tell me what you think, you can also change to $4 per share with 30 million new shares
If LBRMF and LIM amalgamate with total of 320 million shares, then reverse split 15 to 1, then uplist on TSX @ $3 per share American dollars and offer 40 million new share to raise $120 million dollars to open Houston and pay existing debt to Kearney, with final share count of 61.33 million shares. Tell me how the share structure works, tax incentives and other advantages ad if it would draw in new investors

.0001 usd! Excellent ROI for shareholders, way to go Kearney!

What ya gonna do ????????

IB_🤴🏻

That was my sentiment as well.. sometimes doubt likes to creep in. While there's been movement and news, there hasn't been any communication directly to shareholders unfortunately, which makes sense. No news of financing, is no news.

Always the voice of reason for this group, LoneWolf. I sure hope you’re right!

A good CEO should communicate progress to their shareholders, not leave them in the dark for 5 years. Is it his money or another company’s piggy bank he’s been draining to keep this afloat… more to the story imo

Hi Skynet.
In my opinion, I am feeling slightly rosier than last year.
Kearney is not a financial fool and would not have advanced another $300,000 of his own money if he felt progress was not being made.
The amendment to the recent disclosure in my opinion was designed to ensure full disclosure of the financial condition the company has been in for four plus years.
Nothing new here.

Be patient, stay the course.

Thx Bobble...it doesn't sound to rosy..I wonder why it's so hard to secure funding?? Thoughts? Others?

https://www.labradorironmines.ca/pdf/LIMHNR2026APR28%20-%20LABRADOR%20IRON%20MINES%20ANNOUNCES%20AMENDED%20DISCLOSURE%20REGARDING%20WORKING%20CAPITAL%20FINANCING.pdf

1000%! It didn't have to be this way and the value on the potential alone is there. If he could just get it off of expert and let it be active. Given the share price stabilizing if he could, we could show a bank or financier that this is worth something!

Agreed Sky! Isn’t it the priority of all CEO’s to focus on shareholder value? Hmm, this CEO missed that memo

You're right zoob. The fact he let it go to expert is killing this thing. At least with the prospect of obtaining financing it was hovering between 0.09 all the way up to 0.40 when the PEA came out. I get the financial reporting aspects but for the love of all things holy, start moving!!!

Haha.. gonna need a lot more than 100k to compete in that industry! Look at the mess here, and they have Houston which already had a PEA conducted and yet still not monetized! Whoof

Sad state of affairs here and it all points to the CEO… you are what your stock price says you are. The street smells crap and that’s what this is

We should all gather our resources and buy and open our own mine. With our $100,000 combined the sky is the limit...or maybe the pit is the limit idk

I was hopeful that the formal announcement for working capital would help pump some optimism into the stock, the trading platform is a killer, PureZoob!

This thing still on life support?! Sheesh, what a dog

Smart.. the rest of us are stuck here with this shady ceo .. lol, oh well, let’s hope for the best

I took a peek at it this morning as someone put it on my radar. 10 minutes and I knew all I needed to know and could return to more promising prospects.

I'm also in the US and can occassionally place sell orders on experts but not all the time - I use Schwab(hate it), Fidelity(a lil better) and Etrade which is my preferred broker for what others won't allow trading on, Schwab is blocking a lot of Nasdaq tickers without reason - my guess is they like to work both sides of the trade so if they don't hold any they don't let me buy. I had a similar situation when I had TDAmeritrade where they would sell me naked short shares and refuse to accept my sell orders..... UNTIL I THREATENED A LAWSUIT and within minutes all my sell orders went thru but they cost me about $243K by their delaying I only banked $60K in profit on that one ticker, I own some to this day looking for a repeat.

I'm less into these pinkies these days as I'm building more biotech holdings, I like to get in early and just wait as long as they take.