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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 PROINVESTALOTon Aug 28, 2020 10:27pm
329 Views
Post# 31474429

RE:RE:RE:CIA's just resting BUT looks positioned..and...

RE:RE:RE:CIA's just resting BUT looks positioned..and...Phase 2 is already on it way even tough they officially keep some reserve about that... Any worker over there will confirm. Next call will be phase 2 development accelerated. With actual iop, phase 2 will be paid cash and completed for spring 2022. You ll see. And only with phase 1, the stock is undervaluated. They bought out the pimp last year ( Sprott) with indecent financing conditions. Since then, profits are getting better. CIA can make roughly 1$ per share EBIDA this year with actual iop. 3$ a share is a bargain. Do your homeworks and you ll see. O'Keeffe has more 30M shares (90M$ value) in CIA and never sold a single one ... Makes me feel pretty confident for next . Phase 2 completed = 10$ with actual iop.
Bullboard Posts