NML Potential confirmed by CLMLooking at this latest release re Bloom Lake sure adds to the potential upside for NML
they are talking only 8,000 million tons per year and with 225 million shrares outstanding are trading at this early stage at over 7.00 per share . . . . this is fantastic for them but demonstrates that if and when NML gets a major deal with whomever then my muliidollar prognostications are not at all out of line . . . .
Note the below release portion
Information on Consolidated Thompson Iron Mines Limited
ConsolidatedThompsonIron Mines Limited is a development and exploration miningcompany. TheCompany is presently developing at the expected initialrate of 8.0million tonnes per year its Bloom Lake world class iron oredepositlocated in the Quebec/Labrador trough. The quality and size ofthe BloomLake and Peppler/Lamelee deposits reflect the potential toexpand andadvance these projects and exploit other opportunities inthe iron oreindustry. The Company has approximately 226,800,000 sharesoutstandingand trades on the TSX under the symbol "CLM".