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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

Post by Eyeinveston Apr 27, 2021 2:56pm
344 Views
Post# 33075828

My advisor service puts a value of $11.00 cdn on this Co.

My advisor service puts a value of $11.00 cdn on this Co. My paid advisor service from the US puts a value of $11.00 on Champion Iron. Quebec is a very miner friendly jurisdiction. There are major owners of this company that should be able to see the expansion completed without any major problems.  The percentage of  iron coming out of the ground in this area is very high. Our country is blessed to have such a resource. GLTA
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