Viewing Company New Millennium Capital Corp. | StockChase
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Compiling comments that experts make about stocks while on public TV.

New Millennium Capital Corp. Stock Symbol: NML-T

Notes:Iron ore in Labrador

Last Price Recorded: $0.1250 on 2017-09-22

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Date Signal Expert Opinion Price
2013-03-07 DON'T BUY Jim Huang

Iron ore developers and companies have all done very badly. Doesn’t see a lot of upside in the short term for iron ore because there are still quite a few projects coming on and the Chinese steel demand is looking pretty stagnant.


Price:
$1.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2012-08-08 BUY Veronika Hirsch

Stock has been under pressure.  It is a start-up - not the best place to be.  A little behind schedule in their shipments – nothing major.  You could start nibbling away.  Longer term this could get taken over.  Couple of years hold.


Price:
$1.570
Subject:
CANADIAN
Bias:
SELECTIVE
Owned:
No
2012-06-14 BUY Jim Huang Have a project Quebec’s Labrador as well as a joint venture with Tata Steel of India, which gives them a lot of credibility. They have done everything they said they were going to do but unfortunately it has not been an easy environment for Junior resource companies, even for one with strong backing like this one. Believes that if they continue to build their resources and push forward their projects, they will do well over the next few years.
Price:
$1.220
Subject:
NORTH AMERICAN
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2011-12-06 BUY Andrew Cook A lot of the small stocks have been hit. This is probably a reasonable level to get in.
Price:
$1.420
Subject:
RESOURCE
Bias:
OPTIMISTIC
Owned:
Unknown
2011-09-01 PARTIAL BUY Andrew Cook This is a reasonable time to start accumulating shares. (Rio Tinto (RIO-N) expects to see iron ore demand double by 2019.)
Price:
$1.860
Subject:
RESOURCE
Bias:
BULLISH on GOLD
Owned:
Yes
2011-06-24 BUY Alice Tsang Partnered with Tata Steel, which paid $300 million and brought the project into production. This company retains 20%. Cash flow should be about $200 million. Also have a large taconite project and Tata Steel is carrying this company and bringing the project to a feasibility stage in this company will be able to have 40% of the project. Great point to pick this one up.
Price:
$2.660
Subject:
CANADIAN RESOURCES
Bias:
BULLISH on COMMODITIES
Owned:
Unknown
2011-03-08 WEAK BUY Michael Smedley Sector is fine. Sometimes prefers a company that doesn’t have a major shareholding interest as this one does. It is not his preferred. They’re all good stuff.
Price:
$4.120
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2008-06-18 BUY Peter Imhof Very large iron ore deposit. Has done well because they’ve been trying to sell the company and analysts think the take out value is much higher. Risk/reward is great.
Price:
$1.760
Subject:
SMALL CAPS
Bias:
UNKNOWN
Owned:
Yes
2008-02-13 BUY Mark Lackey Iron ore in Labrador. Thinks the price of iron ore will go up between 30% and 50% this year. One of the few juniors that has a legitimate iron ore play.
Price:
$0.840
Subject:
SMALL CAPS
Bias:
BULLISH on SMALL CAPS
Owned:
Yes
Showing 1 to 9 of 9 entries

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