Champion Iron Mines Limited CPMNF

RE: RE: 503 Metres Grading 31% Total Iron

[greenandgold]

Depends on what the company is really going after. If the idea is to take a property into production, then it should concentrate all its drilling and development work at Moire Lake, which is closest to the QNSL common carrier railway.
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On the other hand, if the plan is to sell its assets as feeder deposits to ArcelorMittal's existing mines and infrastructure, then it makes sense to drill all the properties up. A takeover seems more likely at the moment.