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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 Sawasdeekrabon Sep 17, 2021 8:38pm
379 Views
Post# 33882357

Maybe sometimes the iron will become gold...

Maybe sometimes the iron will become gold...I think I missed the train of the time when the price of iron was high. Now by dint of descending like that, as a mine, it is no longer iron that we are going to find but gold. Of course, I am kidding but since they granted themselves increases, it seems that the share has only gone down. Every day we say to ourselves that we should buy more at the price that the stock is, but every day the stock goes down. At what price can tell us that the action cannot go below? I think it is worrying that even to see the action at this level especially with the profits it has made over the past 2 years
 
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