Champion Iron Ord Shs T.CIA

Alternate Symbol(s): CIAFF

Steel Steel

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.

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Champion Iron Ord Shs > How low do we go?

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Comment by PROINVESTALOTon Nov 02, 2021 6:56pm

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Post# 34079761

RE:RE:RE:RE:RE:RE:How low do we go?

I think we may have a slow down for the next couple of months in iron ore demand because of exceptional circumstances in China. I really do not think the cycle for natural ressources is already over, just looking at steel demand. Full production will gradually come back after Olympics. I think this is a good thing to accelerate phase 2 for completing it in the next couple of months. Stay on your position and try to change your mind. Spring will be great for CIA shareholders. Check oil stocks for the moment .. A lot of upside there now.

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