RE: RE: target price I think so too NB .Feasability Study is supposed to come out in Q4, Richard Quesnel should be officially joining CHM's team soon (my guess) and news about the railroad development sometime this fall (my guess). These are all very important issues that will strongly reinforce CHM.
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In the july 4th NR, Thomas Larsen speaks of Consolidated Fire Lake North: Fire Lake North, Oil Can Lake, Bellechasse and Midway. Fire lake North and Oil Can Lake could produce up to 20 million tons each. Potential of 40 million tons a year, hummmm, this is getting really big ... !
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I believe management is probably in contact with several potential partners maybe from different countries, I dont know but I am sure they are not just sitting around waiting for someone to knock on the door. We never know, they might come up at any time with good news we didnt expect at all. I strongly believe that the best timing for a takeover should be after the release of the Feasability Study, especially with the arrival of Oil Can Lake's 2 billion tons in the picture .. !!!
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Cheers