Kaiser Bottom Fish OnlineFree trialNew StuffHow It WorksContact UsTerms of UseHome
Specializing in Canadian Stocks
SearchAdvanced Search
Welcome Guest User   (more...)
Home / Research Tools
Research Tools
 Corporate Profile: Champion Iron Mines Limited
    Publisher: Kaiser Research Online
    Author: Copyright 2011 John A Kaiser

 

Champion Iron Mines Limited (CHM-T)

RSSearchWeb SiteTreeForumSEDARQuoteIPV
Champion is a junior exploration company focused on discovering and developing significant metal resources in eastern Canada, particularly Newfoundland and Labrador. The Company currently has two properties, the Powderhorn base metal project located in central Newfoundland, and the Attikamagen Lake iron ore project located in Labrador. In December 2013 the company announced it had agreed to be acquired by ASX-listed Mamba Minerals Ltd. on the basis of 11 ordinary shares of Mamba in exchange for every 15 common shares of Champion. The offer values Champion at approximately 39 cents per share or $59.8-million on a fully diluted in-the-money basis as at Dec. 5, 2013. The merged company will be called Champion Iron Ltd. and will be listed on both the TSX and the ASX.

Key to Understanding IPV Charts and Spec Value Hunter Tables
An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production.
Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked.
Poor Speculative Value - Fair Speculative Value - Good Speculative Value -
Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits
Click on the company name to view the company profile, the project name to view project details.
Click on the project icon if its background is shaded to get the IPV Chart for that company.
Champion Project Valuations
CompanyProjectCountryStageIPV $
MM

$100
UPV
$500

$2000
Target MetalsDeposit Style
Key Company Projects
Champion Iron Mines Limited (CHM-T)Fermont - Fire LakeCanadaPermitting & Feasibility $52 IronIron Formation
Champion Iron Mines Limited (CHM-T)Attikamagen LakeCanadaPEA $130 IronIron Formation
Northern Quebec Iron Projects
Sprott Resource Holdings Inc (SRHI-T)Lac OtelnukCanadaPEA $277 IronIron Formation
Argex Titanium Inc (RGX-T)Lake La BlancheCanadaPermitting & Feasibility $20 Iron Titanium VanadiumMagnetite
ML Gold Corp (MLG-V)Block 103CanadaInfill & Metallurgy $10 IronMagnetite
Century Global Commodities Corp (CNT-T)Duncan LakeCanadaInfill & Metallurgy $32 Iron
Oceanic Iron Ore Corp (FEO-V)Ungava BayCanadaPrefeasibility $6 IronMagnetite
Advanced Iron Ore Projects
New Millennium Iron Corp (NML-V)KeMagCanadaPrefeasibility $73 IronIron Formation
Alderon Iron Ore Corp (IRON-T)KamistiatussetCanadaPrefeasibility $64 IronMagnetite
Labrador Iron Mines Holdings Ltd (LIM-T)SchefervilleCanadaConstruction $2 IronIron Formation
Northland Resources SA (NAU-T)KaunisvaaraSwedenConstruction $1 IronIron Formation
Success Stories
Baffinland Iron Mines Corp (BIM-T)Mary RiverCanadaPrefeasibility $580 IronIron Formation
Cons Thompson Iron Mines Ltd (CLM-T)Bloom LakeCanadaProduction $4,385 IronMagnetite
Quinto Mining Corp (QU-V)Peppler LakeCanadaDiscovery Delineation $171 IronMagnetite

 
 

You can return to the Top of this page


Copyright © 2024 Kaiser Research Online, All Rights Reserved