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Champion Iron Mines Limited CPMNF



GREY:CPMNF - Post by User

Bullboard Posts
Post by THEBIGM27on Jan 03, 2011 6:48am
220 Views
Post# 17917650

bim and chm

bim and chmat the moment bim have got the limelight,but if i had to choose between the two for ore value and upside and geography,i think chm is a slam dunk,i would like to think,once bim is taken out,that chm could be the next to go,the great white north is tuff terrain,and to take out ore will not be easy,and production life per year is something like 4 months,in quebec its 24/7around the clock,all year long.bim have a huge float 400 milliom plus,chm well under 100 million,ore value is growing at a very strong pace,and nav could triple shortly,and so will tonnage,then sp will move hard,market cap at bim can get to a billion,if these seniors would open up a little,if so i think our little beauty in chm will follow,so if i was to say chm going to a cap of a billion,as bim,then we may still be looking at a share price of $12 to $16 down the road,so long as everything goes according with the markets,but we all know if there was to be some kind of offer,we need bim to go for something close to a cool billion or higher,we need some other identity to come in with more flare,like a bhp or exstrata,then all hells going to break loose.for these smaller types just not lighting up the whole sector like i would of thought,there upping bids by a nickle,chump change i would say,and then you got bnn tv who make a big deal out of this takeover,i would like to see the billion dollar man step up now,forget about these penny ante small time joes.jmho
Bullboard Posts