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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 29, 2021 4:32pm
130 Views
Post# 33938547

RE:Coincidence

RE:CoincidenceI suggest the vote in favor of salary increases and drop in share price is purely a coincidence Sawasdeekrab. There's plenty of other factors in play right now causing our share price to go down.

Just for comparison, here's the share price performance for a number of IO Companies from 24 August to 29 September (some listed are not purely IO companies) -  

VALE = 26% down
FMG = 25% down
BHP = 20% down
CIA = 19% down
Anglo American = 14% down
ArcelorMittal = 13% down
RIO = 10% down

Best,
Thumb

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