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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 Jun 08, 2021 4:04pm
158 Views
Post# 33349408

RE:RE:Something's Up

RE:RE:Something's UpLet's remember, that what we observe on the TSX is a daily volume of 300/400 k shares out of over 500M shares. That's only noise...

i like to see it this way: 499,7 M (99,9%) shares are not for sale and won't be until a year from now, when phase-B   Production begins. That's fundamental...

At one point the noise might be in-sync with fundamentals... but it has more to do with global humour and wind direction than with CIA's value.

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