RE:RE:RE:RE:RE:Fer à 67.98 % produit par Champion Could be truth if you read this!
Small caps on the radar
There aren’t many ways for investors to gain exposure to juniors in the iron ore space. This gives the handful of small caps already making headway in the industry a big advantage.
Investment banks are bullish on a number of the iron ore miners, because of the expected strong demand for steel after China presses the stimulus button.
Two that are on the radar are Mt Gibson Iron (ASX:MGX) and Champion Iron (ASX:CIA), which have projects in Western Australia and Canada respectively.
“Mt Gibson Iron and Champion Iron offer unique exposure to the high-grade iron ore market,” according to Macquarie, which has buy tips on both.
Mt Gibson, now at 73c, is expected to rise to $1.10 over the next 12-months and Champion, last trading at $1.44, is expected to reach $3.20.