Champion Iron Ord Shs T.CIA

Alternate Symbol(s): CIAFF

Steel Steel

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.

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Champion Iron Ord Shs

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Comment by lucidvisionon Aug 06, 2020 10:32am

179 Views

Post# 31372589

RE:RE:RE:Conviction

Hard to tell as Champion has an exemplary team - perhaps second to none. Largo's CEO, previously COO, has always been focused on cost savings and production optimization, going debt free... his is now in a process of refresh-branding the company to market the several Vanadium types while increasing output. Important note is that they (Largo) were Glencore exclusive until recently. Now, their focus is to sell worldwide - directly; which could bring revenues to brand new levels.

On the other hand, they would benefit from a M. O'Keeffe :) I have serious investments in both companies - so - i'm a happy camper.

best

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