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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 Sawasdeekrabon Apr 29, 2021 10:39am
189 Views
Post# 33090669

RE:RE:What the hell is going on ?

RE:RE:What the hell is going on ?Always the same pattern with those good reports. It takes 3 phases:
1st phase - People read the report
2nde phase - People think about the report but don't beleive in it so sell,
3rd phase - People realized that the report was good so buy (those 3 phases can take up to a full week). Wierd isn't it espacially when they announce profit like this.
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