Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

John ZechnerConsolidated Thompson Iron Mines Ltd.CLM.TOPAST TOP PICKJul 25, 2011

(A Top Pick July 23/10. Up 119.47%.) Acquired by Cliffs Natural (CLF-N) in May/10.
$0.01

Stock price when the opinion was issued

metal mines
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

PAST TOP PICK
(A Top Pick Oct 14/10. Up 76.74%.) Got taken out.
PAST TOP PICK
(A Top Pick June 23/10. Up 122.29%.)
PAST TOP PICK
(A Top Pick July 23/10. Up 119.47%.) Acquired May 16/11.
PAST TOP PICK
(A Top Pick June 1/10. Up 116.98%.) In the process of being acquired by Cliffs Natural Resources (CLF-N).
COMMENT
Iron ore. Sold his holdings when it spiked up after the takeover bid. Felt there wouldn’t be a 2nd bidder.
DON'T BUY
Iron has had a good run recently. Here you are really dealing with eh vagaries of the commodity market. There is a theory of demand from China for steel. He thinks it is ahead of itself and would not buy at these levels. But is a good company for the long term.
PAST TOP PICK
(A Top Pick Sept 28/09. Up 83.46%.) A pairs trade with Vale (VALE-N). Collapsed the trade when the catalyst came.
TOP PICK
Fantastic play on iron ore. Just wanted to production in the 3rd quarter. Projecting about 8 million tons. Looks undervalued by about 40%. Looking to expand to 16 million tons.
PAST TOP PICK
(A Top Pick July 20/09. Up 115.08%.) Has some good room ahead of it.
PAST TOP PICK
(A Top Pick July 20/09. Up 110.3%.) Trimmed a little when it was higher. Still likes. First boatload of iron ore is en route to China or is there. Has real legs for the long haul.
HOLD
Iron ore developer. You won't see full production for the next 6-9 months. Iron ore has been very hot and feels demand from China will continue to drive iron ore. Will have a bit of a dip and then come back and this will be one of the major players.
BUY
(Market Call Minute) Sold off with iron ore stocks. Nice bottom in it.
TOP PICK
Have a new iron ore mine coming into Quebec. This one makes sense even with iron ore at $80 a ton. China is coming back in and the global economy is growing. Lots of cash.
BUY
Pure iron ore play in Canada. Just starting shipments out of their mines and will be about 8 million tons this year, expanding in phase 2 to 16 million 2-3 years down the road. Eventually has a earning powers of $1.50-$2 a share. Likes the future demand for iron ore, particularly from China.