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Plodding on

posted on Dec 08, 08 01:54PM

CLM is still moving along toward production in 2009. The entire Iron Ore industry has been adversely affected by recent events for sure. You may be aware that there are presently 3 operating Iron Ore mines in the area where CLM will operate. All 3 of them have recently announced plans to curtail production and/or have lay off's. Despite this the Bloom Lake project seems to be on target for '09 production date. If indeed, CLM have their yearly tonnage pre-sold as I believe they claim, this stock at the present price seems like a winner...just may take a little time.

ps. Not much activity on this board. Anyone else out there?

Pete

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