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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

Bullboard Posts
Comment by Proster649on Feb 27, 2018 6:11am
167 Views
Post# 27626174

RE:RE:Prime Takeover Target

RE:RE:Prime Takeover Target I am not sure if this is paranoia or not but it almost as if the stock price is purposely being kept down. I suspect a large company with a lot of shares slowly releases them if the stock price starts to rise. If you have enough shares it would be easy to do with a stock that has low volume compared to the shares out. For example 1/10 of one percent changed hands yesterday. That's nothing. So maybe the takeover theory is not all that far fetched. lol
Bullboard Posts