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Champion Iron Mines Limited CPMNF



GREY:CPMNF - Post by User

Bullboard Posts
Post by THEBIGM27on Mar 12, 2011 10:51am
530 Views
Post# 18275178

MOST LIKELY TO GET TAKEN OUT

MOST LIKELY TO GET TAKEN OUTi have mentioned this in the past,and im a holder of both chm and fnc,fancamp has been very disappointing over the past three years,but i think with all its iron properties,18 in total,and going to do a few spinoffs,over the next 6 months,with the first to go its magpie,and then its lac lamalee,it could be prime for a takeout,i would hope that chm mngt to be a front runner for a takeover,but word now that bruce campell of campell investments has come out and said that fancamp may be next to the alter as far as junior iron ore plays,with its many many properties in quebec labrador area plays,by far the cheapest and should play catch up here at .55 cents,many have said that fnc breakup value is well north of $10.00,but has not reflected the upside on the iron ore run due to no drilling and very poor mngt,i think chm mngt have taken talks to fnc of a takeover,but fnc mngt just to thick,and hoping for a much higher strike price,both magpie and lac lamalee are huge,and chm could really find some huge tonnage on these two properties in there portofolio,then we go much higher than consolidated thompson,this is the time to strike,when some are at there weakest.jmho.
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