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Champion Iron Mines Limited CPMNF



GREY:CPMNF - Post by User

Bullboard Posts
Comment by MakeMyDay2on Apr 11, 2012 4:50pm
180 Views
Post# 19782603

RE: RE: RE: Why Down?

RE: RE: RE: Why Down?

That's the way to look at it Jpast, it is a good opportunity to buy. I agree with you alot that CHM is a winner, I have no doubts about that.

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The market was not too good recently and that scared some investors that sold the minute they got a bit nervous. There was another good Anonymous dumping this week and this hurts the SP. Unfortunately, some of them dump regardless of the bid and they can make the SP slide by 3 or 4 cents in a snap.

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CHM is growing bigger and bigger and we had some very good news with Moire Lake recently. This project alone can be a mine and the deposit crosses the western boundary  on Arcelor's ground so ... ! A PEA is also expected.

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The next 43-101on the list is the surprising Oil Can Lake property. Very long intersections and I am anxious to see how many tons this low profile property will host. Located only 4 miles north-east of Fire Lake North, this will extend greatly the life expectancy of the mine !!!

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It is never pleasant to see the SP go down for so many days in a row. It will bounce back, the important thing is to remain calm and not panick like so many did.  A takeover is more than ever possible and like other takeovers, we never know when it will happen ..... !!!  The best is yet to come !

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JMHO and GLTA

 

Bullboard Posts