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    iron investing

    Bulked-up Consolidated Thompson seen outperforming

    Investing News Network
    Nov. 30, 2010 11:56AM PST
    Base Metals Investing

    The Globe and Mail.com reports that now that Consolidated Thompson Mines (TSE:CLM) has completed its’ convertible debenture issue, analysts are taking it seriously again

    The Globe and Mail.com reports that  now that Consolidated Thompson Mines (TSX:CLM) has completed its’ convertible debenture issue, analysts are taking it seriously again.

    The editorial is quoted as saying:

    CIBC World Markets Inc. analyst Ian Parkinson is particularly bullish, reinstating coverage with a “sector outperformer” rating and a $17 price target. With iron ore prices remaining high and the company’s growing production profile from its Peppler Lake and Bloom Lake operations in Labrador, Consolidated Thompson “has the cash flow and now the balance sheet to make things happen,” he said.

     To access the full editorial, click here.

    cibc world marketstsx:clmiron investingian parkinson
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