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 |
