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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 justmyviewon Apr 30, 2019 9:05am
198 Views
Post# 29687656

RE:Report posted on ASX

RE:Report posted on ASXIt’s not a joke!
If you talk to financial experts(!?), they feel that the figures are a disaster. They expected much more profit and much quicker. The SP is much too high and should drop immediately.
My question is why they are buying the “disaster” as much as they can get.
Is somebody really trying to take over soon?
Isn´t it fascinating that companies with no production are rated better than CIA.
Maybe they correct after having enough under their control?
I feel that there is a reason and selling is maybe not a good idea for a while.
Bullboard Posts