GREY:CPMNF - Post by User
Post by
Ratszoon Mar 01, 2011 8:15am
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Post# 18210449
RBC initiates coverage
RBC initiates coverageFound this today:
Champion Minerals Inc. shares “are attractive at current levels given the potential for positive near-term catalysts, exploration upside, and long-term take-out potential,” said RBC Dominion Securities Inc. analyst Robin Kozar. Champion holds a collection of attractive iron ore mineral properties, and a preliminary economic assessment suggests its flagship Fire Lake North project could produce 7 million tonnes of iron ore concentrates annually for 14 years.
Upside: Mr. Kozar initiated coverage with an “outperform-speculative risk” rating and $3.50 price target.
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