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Champion Iron Mines Limited CPMNF

Metals & Mining Industrial Metals & Minerals


GREY:CPMNF - Post by User

Champion Iron Mines Limited
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Comment by MakeMyDay2on Aug 03, 2011 11:03pm
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Post# 18901846

RE: RE: RE: RE: anybody buying

RE: RE: RE: RE: anybody buyingI would sell the farm to buy   right now   !!!

Even with excellent drill results, the SP went down like after the june 9th PR with very good drill results.

Like I have said before, they are drilling the fringe of the open pit and they still find significant intersections. 865 feet of 32.4% FE, not too bad in my books for the outskirt of a deposit !!!  All the results will increase significantly the tonnage and the size of the open pit.

Too bad there are some shareholders that are not patient enough to wait for the next 43-101 updates. With the new numbers on the table, then Arcelor, Cliffs or another major might decide to go ahead for a takeover.

Patience is the key with CHM !!!

JMHO and GLTA

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Dealroom for high-potential pre-IPO opportunities