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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 Aug 18, 2021 9:11pm
192 Views
Post# 33728315

RE:RE:Those drops are bound to happen at random intervals

RE:RE:Those drops are bound to happen at random intervalsJust imagine the fund who bought the 22 (or 25) millions of shares at 6.90$ around 10 days ago for roughly 180 millions of $ on total. They did their DD and decided to come in because they saw something was coming soon with phase 2 completion and other projects. Do you think they are happy today. 50 millions $ down ON PAPER in a couple of days... But it is only on paper. Time is for us s and $$ are there. Buy the dip.
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