Labrador Iron Mines Holdings Ltd.

LIM-T

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0.00 (0.00%)
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Analysis and Opinions about LIM-T

Signal
Opinion
Expert
HOLD
HOLD
June 16, 2014

Iron ore has been clobbered in the last year and juniors are almost just looking for M&A activity to bail them out. LIM-T is one of the bigger companies and he would look at it as a hold. It is a little late to bail out.

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Iron ore has been clobbered in the last year and juniors are almost just looking for M&A activity to bail them out. LIM-T is one of the bigger companies and he would look at it as a hold. It is a little late to bail out.

COMMENT
COMMENT
May 23, 2014

This is a company that is having all kinds of difficulty. The quality of the iron they are mining has gone down. Recently advised they needed to raise at least $30 million to keep on going. Wouldn’t surprise him if this went bankrupt.

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This is a company that is having all kinds of difficulty. The quality of the iron they are mining has gone down. Recently advised they needed to raise at least $30 million to keep on going. Wouldn’t surprise him if this went bankrupt.

SELL
SELL
February 21, 2014

This is an area to avoid. It is too expensive to mine Iron Ore. It doesn’t seem it is likely for them to solve their problems any time soon and they could shut down.

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This is an area to avoid. It is too expensive to mine Iron Ore. It doesn’t seem it is likely for them to solve their problems any time soon and they could shut down.

SPECULATIVE BUY
SPECULATIVE BUY
January 3, 2014

Would like to see a bit more of a basing pattern for the stock. Chart shows it did a V bottom and shot higher. In general, the chart looks quite positive. Broke above its 50 day moving average, which had been in a bit of resistance for the past year. Chart is incredibly optimistic. Materials are generally positive between now and May. The low dollar value does concern him, and you would have to be a risk taker on this.

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Would like to see a bit more of a basing pattern for the stock. Chart shows it did a V bottom and shot higher. In general, the chart looks quite positive. Broke above its 50 day moving average, which had been in a bit of resistance for the past year. Chart is incredibly optimistic. Materials are generally positive between now and May. The low dollar value does concern him, and you would have to be a risk taker on this.

SELL
SELL
November 18, 2013

Such a small mine that they can’t get the cost down to a reasonable amount so they aren’t making any money. Investors are selling.

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Such a small mine that they can’t get the cost down to a reasonable amount so they aren’t making any money. Investors are selling.

DON'T BUY
DON'T BUY
August 19, 2013

Attractive one to own of the Iron Ore, but the sector is weak. They will all move at the same time. China’s growth is weak and this is an early mover. But he hopes China won’t have a hard landing.

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Attractive one to own of the Iron Ore, but the sector is weak. They will all move at the same time. China’s growth is weak and this is an early mover. But he hopes China won’t have a hard landing.

DON'T BUY
DON'T BUY
July 3, 2013

They are in production now. Because iron ore prices have come off so far and so fast, they are not making money at these levels. There are probably better places to put your money if you want iron ore exposure.

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They are in production now. Because iron ore prices have come off so far and so fast, they are not making money at these levels. There are probably better places to put your money if you want iron ore exposure.

DON'T BUY
DON'T BUY
June 26, 2013

With most of the development names, it is all about infrastructure, which takes a lot of money to get the iron ore out of the country. In this case, they would have to find a well-financed partner as well as the ability for the prices to stay at a level where it is economically viable. Feels that this company is fighting a very uphill battle.

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With most of the development names, it is all about infrastructure, which takes a lot of money to get the iron ore out of the country. In this case, they would have to find a well-financed partner as well as the ability for the prices to stay at a level where it is economically viable. Feels that this company is fighting a very uphill battle.

HOLD
HOLD
June 21, 2013

(Market Call Minute.) This is a really long-term play. High cost producer and it needs above $105. If iron ore stays at $105-$110, it is good news for the long-term for this company as it will allow them to increase scale and reduce costs.

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(Market Call Minute.) This is a really long-term play. High cost producer and it needs above $105. If iron ore stays at $105-$110, it is good news for the long-term for this company as it will allow them to increase scale and reduce costs.

DON'T BUY
DON'T BUY
June 6, 2013

Falls low on the radar screen in terms of upside. The Iron ore market is not far from lows. LIM is a high cost producer. They have tight margins. They are periodic shippers. Not the best way in his opinion to play Iron Ore. Doesn’t think TCK.B-T will buy them either, as caller had asked. Prefers TCK.B-T when prices improve. You could look at LIM’s royalty company for the dividend.

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Falls low on the radar screen in terms of upside. The Iron ore market is not far from lows. LIM is a high cost producer. They have tight margins. They are periodic shippers. Not the best way in his opinion to play Iron Ore. Doesn’t think TCK.B-T will buy them either, as caller had asked. Prefers TCK.B-T when prices improve. You could look at LIM’s royalty company for the dividend.

DON'T BUY
DON'T BUY
April 26, 2013

One of the problems with iron ore is infrastructure. You have to get it out to market. That really adds to the cost. A railway has to be built to get the product out. That will require a lot of capital.

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One of the problems with iron ore is infrastructure. You have to get it out to market. That really adds to the cost. A railway has to be built to get the product out. That will require a lot of capital.

HOLD
HOLD
April 4, 2013

This is a tough space, because iron ore pricing has been like a yo-yo. You just don’t know what pricing is going to be, so any name in the sector right now is very, very speculative.

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This is a tough space, because iron ore pricing has been like a yo-yo. You just don’t know what pricing is going to be, so any name in the sector right now is very, very speculative.

COMMENT
COMMENT
February 26, 2013

Speculative. He holds a very small piece. He is Short on some other names in the sector. The whole group has taken a big hit on the CNR’s announcement that they are not going to build the rail line that would transport some of the ore. If you are not able to short other names in this sector, he would stay away from this one.

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Speculative. He holds a very small piece. He is Short on some other names in the sector. The whole group has taken a big hit on the CNR’s announcement that they are not going to build the rail line that would transport some of the ore. If you are not able to short other names in this sector, he would stay away from this one.

COMMENT
COMMENT
January 4, 2013

Chart shows a long downward slope from early 2011 at $14 down to the current price of $1.47. Starting to show a bit of a rounding pattern at the bottom. Some of the lows are getting higher. It looks like a candidate that may have some upside if the fundamentals continue to be positive.

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Chart shows a long downward slope from early 2011 at $14 down to the current price of $1.47. Starting to show a bit of a rounding pattern at the bottom. Some of the lows are getting higher. It looks like a candidate that may have some upside if the fundamentals continue to be positive.

DON'T BUY
DON'T BUY
November 30, 2012

(Market Call Minute.) The project is expensive. They won’t be doing anything through the winter.

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(Market Call Minute.) The project is expensive. They won’t be doing anything through the winter.

HOLD
HOLD
October 9, 2012

(Market Call Minute.) Good name but iron ore prices have fallen dramatically and won’t go anywhere until you see a strong bounce in the steel cycle.

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(Market Call Minute.) Good name but iron ore prices have fallen dramatically and won’t go anywhere until you see a strong bounce in the steel cycle.

HOLD
HOLD
August 31, 2012

Very high cost producer so it is highly levered to iron ore prices. Production cost plus commission and transportation is about $110 per ton and iron ore is trading roughly in the $90 range so it is negatively cash flowing and they will have to eat into the cash balance to maintain the mine. There may still be more downside but when it bounces, it will bounce really hard.

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Very high cost producer so it is highly levered to iron ore prices. Production cost plus commission and transportation is about $110 per ton and iron ore is trading roughly in the $90 range so it is negatively cash flowing and they will have to eat into the cash balance to maintain the mine. There may still be more downside but when it bounces, it will bounce really hard.

DON'T BUY
DON'T BUY
August 22, 2012

Not particularly enamoured with this stock. Would prefer Labrador Iron Ore Royalty (LIF.UN-T) because of the weakness of steel demand from China with significant weakness in the price of iron ore. This company is a bit challenged from a profitability perspective.

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Not particularly enamoured with this stock. Would prefer Labrador Iron Ore Royalty (LIF.UN-T) because of the weakness of steel demand from China with significant weakness in the price of iron ore. This company is a bit challenged from a profitability perspective.

DON'T BUY
DON'T BUY
July 30, 2012

Capital expenditures are quite high in this area. He is not a big fan.

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Capital expenditures are quite high in this area. He is not a big fan.

DON'T BUY
DON'T BUY
June 27, 2012
Fundamentals are great. Iron ore market feeds the steel market but you have long shipping distances. Also China is slowing.
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Fundamentals are great. Iron ore market feeds the steel market but you have long shipping distances. Also China is slowing.
COMMENT
COMMENT
May 10, 2012
Extraordinary. Going into production and the market has really come off. Probably the most intriguing one of the whole group. His only caveat is that China is going to grow slower and may not need as much steel production.
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Extraordinary. Going into production and the market has really come off. Probably the most intriguing one of the whole group. His only caveat is that China is going to grow slower and may not need as much steel production.
COMMENT
COMMENT
April 13, 2012
Tremendous support at $4.50. It is below the 40 and 50 day moving averages but he would be surprised if it were below its current price. If it starts to post a weekly low below $4 and you own, reduce your holdings.
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Tremendous support at $4.50. It is below the 40 and 50 day moving averages but he would be surprised if it were below its current price. If it starts to post a weekly low below $4 and you own, reduce your holdings.
HOLD
HOLD
February 13, 2012
In general, iron ore that has shipped has failed. The driver for it is China, which is slowing. Steel cycle precedes the copper cycle.
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In general, iron ore that has shipped has failed. The driver for it is China, which is slowing. Steel cycle precedes the copper cycle.
COMMENT
COMMENT
February 6, 2012
There is a lot of interest in iron ore but this area needs a bit of consolidation. There are a bunch of juniors with 43101 reserves. A little bit speculative at this stage.
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There is a lot of interest in iron ore but this area needs a bit of consolidation. There are a bunch of juniors with 43101 reserves. A little bit speculative at this stage.
DON'T BUY
DON'T BUY
September 19, 2011
If iron ore stays in this valuation range, they could get into the teens. The problem he has with iron ore right now is if China goes into a slowdown, they have too much steel capacity so the inputs to steel will have some kind of hiccup.
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If iron ore stays in this valuation range, they could get into the teens. The problem he has with iron ore right now is if China goes into a slowdown, they have too much steel capacity so the inputs to steel will have some kind of hiccup.
DON'T BUY
DON'T BUY
June 27, 2011
Nice project and good management team but he is pretty negative on the global growth story. Iron ore prices are largely driven by Chinese demand and this has likely peaked. Would be cautious.
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Nice project and good management team but he is pretty negative on the global growth story. Iron ore prices are largely driven by Chinese demand and this has likely peaked. Would be cautious.
COMMENT
COMMENT
May 24, 2011
Not a full producer yet. China imports 46% of the world’s Iron Ore. Sees China spending 4 Trillion dollars on infrastructure in the next 2 years – they will need a lot of steel.
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Not a full producer yet. China imports 46% of the world’s Iron Ore. Sees China spending 4 Trillion dollars on infrastructure in the next 2 years – they will need a lot of steel.
BUY
BUY
March 10, 2011
Iron ore’s outlook looks very good. LIM looks interesting. It is not the most junior so not the most likely to be taken out.
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Iron ore’s outlook looks very good. LIM looks interesting. It is not the most junior so not the most likely to be taken out.
WAIT
WAIT
March 9, 2011
Will be producing near term. Iron ore is a crowded space in Canada. Short-term outlook in markets is volatile. But long-term demand for Iron Ore in China is strong. You have to be willing to ride out the volatility. New Millennium and Champion are alternates.
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Will be producing near term. Iron ore is a crowded space in Canada. Short-term outlook in markets is volatile. But long-term demand for Iron Ore in China is strong. You have to be willing to ride out the volatility. New Millennium and Champion are alternates.
HOLD
HOLD
March 2, 2011
Analysts have high teens for the stock price. In a funny position. Build a project but can’t operate it in the winter so they wait for spring before starting. Providing everything starts up OK, you are going to see a bump in the stock. They are taking of expanding (Doubling) the project again. If so, the stock will go higher.
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Analysts have high teens for the stock price. In a funny position. Build a project but can’t operate it in the winter so they wait for spring before starting. Providing everything starts up OK, you are going to see a bump in the stock. They are taking of expanding (Doubling) the project again. If so, the stock will go higher.
COMMENT
COMMENT
February 11, 2011
(Just found another 20 million tonnes of iron ore deposits.) Iron ore prices drives this entire area. You have to be willing toe take this exposure. Have done a reasonably good job of executing their business plan.
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(Just found another 20 million tonnes of iron ore deposits.) Iron ore prices drives this entire area. You have to be willing toe take this exposure. Have done a reasonably good job of executing their business plan.
BUY
BUY
November 30, 2010
Iron ore prices continue to go up – super strong balance sheet.
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Iron ore prices continue to go up – super strong balance sheet.
BUY
BUY
November 22, 2010
Iron ore. Running with the sector. Very sound company.
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Iron ore. Running with the sector. Very sound company.
BUY
BUY
November 15, 2010
Iron ore. Production is slated to begin next year. Iron ore is dependent on Chinese demand. Bullish on China for the next 6 to 12 months but following that be very wary of any slowing of demand by China.
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Iron ore. Production is slated to begin next year. Iron ore is dependent on Chinese demand. Bullish on China for the next 6 to 12 months but following that be very wary of any slowing of demand by China.
DON'T BUY
DON'T BUY
October 5, 2010
Iron ore is an asset that is hard to find. China is the biggest importer of Iron Ore. LIM is a near term producer. He doesn’t buy companies that are not in full production.
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Iron ore is an asset that is hard to find. China is the biggest importer of Iron Ore. LIM is a near term producer. He doesn’t buy companies that are not in full production.
BUY
BUY
June 3, 2010
He is bullish on Iron Ore. Really picked up after Jan and is now trading flat. Iron Ore prices are accelerating. Chinese are the ones responsible for buying. Expects stock to keep on going up.
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He is bullish on Iron Ore. Really picked up after Jan and is now trading flat. Iron Ore prices are accelerating. Chinese are the ones responsible for buying. Expects stock to keep on going up.
BUY
BUY
May 27, 2010
Long-term is very bullish on this. Good management.
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Long-term is very bullish on this. Good management.
HOLD
HOLD
May 4, 2010
It’s a commodity company and was going up because of prices of the commodity and is correcting just because we are having a correction.
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It’s a commodity company and was going up because of prices of the commodity and is correcting just because we are having a correction.
(Market Call Minute)
COMMENT
COMMENT
April 9, 2010
(Thinks caller may be asking about Labrador Iron Ore (LIF.UN-T) instead.)
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(Thinks caller may be asking about Labrador Iron Ore (LIF.UN-T) instead.)
BUY
BUY
April 6, 2010
Stock has come through quite a transformation with a strong run from the $2 level. There has also been a tremendous amount of volume. Target price would be about $10. Could settle down to about $6.50 before the next move up. Strong volume.
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Stock has come through quite a transformation with a strong run from the $2 level. There has also been a tremendous amount of volume. Target price would be about $10. Could settle down to about $6.50 before the next move up. Strong volume.