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.

TSX:CIA - Post by User

Champion Iron Ord Shs > TD Upgrade from $7.00 to $8.50

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Comment by Gr8brt10on Mar 25, 2022 9:37am

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Post# 34544791

RE:TD Upgrade from $7.00 to $8.50

A good piece, and I don't disagree with what it said, but as usual analysts are looking in the rear view mirror.

A more realistic target based on doubling of production which starts to ramp up in the next 10 days, not to mention many other factors, would be north of $9.50!

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