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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 Thumb1972on Sep 09, 2021 8:45am
224 Views
Post# 33830201

RE:RE:RE:RE:RE:RE:RE:La Presse

RE:RE:RE:RE:RE:RE:RE:La PresseI'm not sure what else can be expected? Quarterly newsletters, corporate videos, virtual investor conferences, presentations offered each time during quarterly results and end of AGM, coverage of our stock by 16 analysts (actually more than the bigger players e.g. BHP / Rio), significant increase in institutional investors.

The commentary from MOK and others, available to all investors, seems very clear to me that we are very well poised to take advantage of a strong demand for high grade low impurity iron ore, which will significantly contribute to the decarbonization challenge faced by the steel industry.

I agree that we aren't at our true value but, if your in this for the long run, which you appear to be, then these share price fluctuations are almost negligible. 

Our year to date share price has held up very well compared to a few major IO Companies (taken from ASX listing) - 

BHP - $43.06 down to $40.92 (circa 5% LOSS)
FMG - $24.80 down to $17.81 (circa 28% LOSS)
RIO - $115.36 down to $105.50 (circa 8.5% LOSS)
CIA - $4.82 up to $5.32 (circa 10.5% GAIN)

What is not factored is potential dividends offered by the other 3, however our earnings are being very well directed to Phase II, Kami procurement etc....

Best,
Thumb


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