RE: RE: ArcelorMittals announcmentWell SHO you are right, CHM's ore will be on demand alright ! If you go on
www.championminerals.com website and look at the latest press release of may 19th, you will find two diagrams. The second one reveals the "derivative magnetic map" and you see the border of CHM's Moire Lake property. Arcelor is the neighbour on the left. The diagrams shows the anomaly and the drill holes that came out with excellent values. If you look at the magnetic anomaly, more than 2/3 is located on CHM's Moire Lake property. Then look at the first diagram and you will see the drill holes that intersected good lenghts and great values and the trend is going to the left, where Arcelor is !!!
I dont think you need t o have a PHD in geology and rocket sicence to figure out that CHM has a good chunk of an iron deposit that is crossing Arcelor's border, right next to their Mont Wright operations... !!! The diagrams speak for themselves. Take a good look at them like I did and it is pretty obvious something very very very interesting is brewing there, beside Fire lake North, Harvey-Tuttle, etc etc etc.
Cant believe Arcelor are not following CHM's exploration program and results. I mentionned Arcelor, there must be Cliff and other big ones out here that are following all of this verrrrrrrrry clossssssely ............ !!!!!!!!!!!