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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.


TSX:CIA - Post by User

Champion Iron Ord Shs > Cash on hand: 500M$
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Comment by Curious777on Jan 28, 2021 10:37am
175 Views
Post# 32408909

RE:RE:RE:RE:Cash on hand: 500M$

RE:RE:RE:RE:Cash on hand: 500M$Obviously, the severe drop has nothing to do with the performance... I don't understand enough the system to conclude on manipulation but the observed behavior is opposite to rational expectation.
Cia should be flying in the other direction...

Anyone has any explanation on how such a public large volume stock could be manipulated...
How come institutions donc jump on the opportunity of making 10% in a day and 100% in a year?
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