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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

Comment by PROINVESTALOTon Apr 04, 2021 4:53pm
188 Views
Post# 32935383

RE:RE:RE:RE:RE:RE:kami

RE:RE:RE:RE:RE:RE:kamiKami est un gisement qui ne s'est jamais rendu au stade de l'exploitation et qui tait financ par Sprott qui a repris les actifs donns en garantie suite aux dfauts de paiement d'Alderon. Je ne me souviens pas quel major tait derrire Alderon (Tata ?) dans ce projet mais les sous ne sont jamais venus. Cela rappelle que les projets de mines de fer sont longs dvelopper, cotent des milliards et donc trs risqus cause de la haute volatilit historique du prix du fer. Souvent, des projets dbutent lorsque le prix du fer sont hauts et s'crasent avec la chute des prix du fer. Je pense que le principal attrait court terme du projet Kami pour CIA est la capacit de transport vers le port de Sept-iles qui vient avec l'achat (de mmoire 6 ou 7 millions de tonnes annuellement). Je ne pense pas que Kami se fera avant plusieurs annes- 5 10 ans selon moi et il y aura bcp bcp d'argent mettre pour le faire. Au dela du parcours sans faute de l'quipe de CIA depuis ses dbuts, rappelez-vous que le principal facteur l'origine du succs immdiat de CIA est le prix ridiculement bas pay pour l'acquisition de ses actifs dans le C-36 de Cliff.
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