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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 Jan 10, 2022 4:06pm
285 Views
Post# 34301167

RE:Trying to find another CIA....

RE:Trying to find another CIA....The place to be HEAVY invested by now is in the mid-canadian oil and gas stocks . Most are still traded at ridiculous p/e between 2 and 3. With oil and gas seen as good for a long energy cycle, they are literally printing cash with oil over 70$. My favorites are VET (50-100% upside potential), ERF (30-50%), WCP (50-150%) and CPG (50-150% up potential). And these target are for the next 12 months only... Dividends increasing, major shares buy backs by companies, debt reimbursement accelerated and high oil and gas prices forecasted for a long run. Recipe for success, nothing less. Concentration to get rich, diversification to keep it. No other way.
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