Champion Iron Mines Limited CPMNF

RE: RE: 08 all over again

[MakeMyDay2]

I agree with you all the way ICamp. I am really mad I dont have the pesos to invest in CHM right now because this is an incredible opportunity to buy. The markets are weak and the scared ones just keep dumping and dumping and overflow the buyers. I am not worried a bit that the SP will bounce back in a short period of time. I also believe in a takeover at $5.00 +  before Fire lake North opens.  After they build the mine, I would guess $10.00 + .  CLM with Bloom Lake was gobbled at $17.25 ... ! CHM has several other properties we dont hear about that have a very good potential to surprise us like Oil Can Lake should do with it's 43-101 release. This is very interesting question you brought up if CHM will be taken over in one shot or bit by bit.  In a former post, I mentionned the same thing you did about  this bid war between Arcelor and Cliffs (or anyone else).  That would be soooooo nice ... !!!  I am not happy to see the SP at this level with this nervous market but CLM went from $10.00 in may 2008 to $1.00  6 months later and then bounced back up, wayyyy up ! I know we cannot compare but still, they had their roller coaster rides also. Patience is the key here.

*

A friend of mine told me about a recent article in the newspaper Les Affaires about CHM. I couldnt find an english version but if you google - les affaires champion minerals - you will find it. I get around a bit in french and It is very interesting to read about  VP Jeff Hussey and CHM's future etc.

*

JMHO and GLTA