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Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily source energy from renewable hydroelectric power. The Company ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-lles, Quebec, and has sold its iron ore concentrate to customers globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project, located a few km south-east of Bloom Lake, and the Cluster II portfolio of properties, located within 60 km south of Bloom Lake.


TSX:CIA - Post by User

Comment by Curious777on Aug 15, 2020 1:09pm
186 Views
Post# 31412792

RE:RE:RE:Perfect Storm To Keep Blowing Into Next Year For Iron Ore

RE:RE:RE:Perfect Storm To Keep Blowing Into Next Year For Iron Ore Any thoughts on the market capitalization of 1,25B$?
There are many shares out there...

The current infrastructures are worth probably about that much (although they were aquired for a lot less...).
Phase-2 offers great increase of production value and $ return for a minimum of investment... As long as, financing is made without too much dilution.

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