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 > Who will buy CIA

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Comment by savyinvestor333on Feb 06, 2021 6:01am

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Post# 32492072

RE:RE:RE:Who will buy CIA

PROINVESTALOT wrote: Because that is the way Michael O'Keeffe likes to play it. Go read on his background and everything will be clear. For me, it is quite obvious we are going there. The question is at what price? 12-15$ in the next 2 years is my guess and our neighbor Arcelor as the buyer.

Wouldn't it be ironic if Cliffs bought us out. That would be 2 for 2 for me. Consolidated Thomson went fron $.90 to $17 in around 2 years before Cliffs bought this same property from them.

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