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Message: Canada’s iron ore belt

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Canada’s iron ore belt

posted on Mar 08, 11 08:10AM (Log in to use the IP Check tool) ^[?]

http://www.theglobeandmail.com/globe-investor/investment-ideas/eastern-canadas-iron-ore-belt-drawing-new-interest/article1933107/

go to link above for full article

Labrador Trough iron ore developers comparative valuation table

Company	Market Cap ($ mil.)	Iron Ore Resources (millions of tonnes)	Company-owned iron in the ground (millions of tonnes)	Mkt. Cap/tonne of iron in the ground ($)
Labrador Iron Mines	619	137	79	7.80
Adriana Resources	115	12,578	1,563	0.07
Alderon Resource	284	700	217	1.31
Advanced Exploration	96	360	50	1.90
Oceanic Iron Ore	119	2,683	877	0.14
Champion Minerals	170	603	144	1.18