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Canadian shale gas and an iron deal dissected: Best of the Boards/Blogs

Stockhouse Editorial
0 Comments| June 1, 2010

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Top Bullboards post:

“While this looks to be a fairly complex transaction it indicates a couple of very important steps: Now that the PC mill is days away from being operational, ANX is beginning to refocus attention on its larger iron ore play in Chile and it looks as if they have added significant new potential to their resource base with this deal. They are now involved (albeit through a 3rd party) with CAP which is the big dog in all things iron and steel in Chile. The fact that CAP can commit $15M to exploration on the MHA property is pretty substantial as it does not take a lot of drilling to prove up a near surface iron deposit and some of these anomalies are very large. CAP will also be watching to see if ANX expands their San Gabriel/Antonio resource in any material way as they are definitely interested in continuing to expand their iron reserves in Chile, especially in a location that is as readily accessible to transportation as San Gabriel.” From neotrader1 on the Anaconda Mining (TSX: T.ANX, Stock Forum) board.

Top Bullboard:

Spider Resources (TSX: V.SPQ, Stock Forum) received the most reads and the most posts.

Top blog:

fredski posted an article about how Canadian shale is the Gas Revolution No. 2 in the Carpe Diem blog.



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