Canadian Orebodies CEO Gordon McKinnon Talks Iron Ore on Midas Letter Money

Canadian Orebodies (TSX.V:CO) CEO Gordon McKinnon discusses the outlook for his company in Nunavut, where they are developing iron ore resources on the Haig project in the Belcher Islands, which the company bills as "Canada's next iron ore district". Iron Ore mining companies have been snapping up large iron ore deposits from junior exploration companies in the last decade, as competition for the world's remaining iron ore deposits intensifies...
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Canadian Orebodies (TSX.V:CO) CEO Gordon McKinnon discusses the outlook for his company in Nunavut, where they are developing iron ore resources on the Haig project in the Belcher Islands, which the company bills as "Canada's next iron ore district".

Iron Ore mining companies have been snapping up large iron ore deposits from junior exploration companies in the last decade, as competition for the world's remaining iron ore deposits intensifies. Even major steel producers are starting to acquire iron ore deposits in an effort to control costs. Companies such as ArcelorMittal (NYSE:MT), Rio Tinto (NYSE:RIO), Vale (NYSE:VALE), BHP Billiton (NYSE:BHP) and many Chinese companies are all on the prowl for sizeable iron ore assets with good proximity to shipping infrastructure.

 
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Canadian Orebodies CEO Gordon McKinnon Talks Iron Ore on Midas Letter Money
 
The full transcript of the interview is available here: 
 http://www.midasletter.com/index.php/canadian-orebodies-ceo-gordon-mckinnon-talks-iron-ore-on-midas-letter-money/
 
About Canadian Orebodies Inc.
Canadian Orebodies is a Canadian-based mineral exploration company with a portfolio of properties in Nunavut and Ontario. Canadian Orebodies' primary focus is on advancing and developing its Haig Inlet Iron Ore Project, located on the Belcher Islands in Nunavut. The Haig Inlet Iron Ore Project is host to an indicated iron ore resource of 230 million tonnes at 35.17% Fe and an additional inferred resource of 289 million tonnes at 35.47% Fe. Canadian Orebodies trades on the TSXV under the symbol "CO". 

About Midas Letter Money
Midas Letter Money is the show about commodities, energy, and natural resources and the public companies who seek for and develop them. Hosted by James West and distributed to 450,000 installed subscribers to the Thomson Reuters Insider platform, the show is available at insider.thomsonreuters.com or at http://www.midasletter.com
 
Contact: James West
[email protected]
http://www.midasletter.com
(416) 598-9181

 



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