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 > Iron ore on fire

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Comment by Gr8brt10on Jun 01, 2022 9:45pm

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Post# 34725142

RE:RE:RE:Iron ore on fire

CIA has always been more volatile when compared with the big Iron Ore producers (e.g. RIO, FMG) in percentage terms both on the downside and on the upside. I think the shorts find the smaller dailt trading volumes easier to manipulate.

The way I look at it, this world class company is so massively undervalued, I would rather be IN than OUT as IMO there a real the possibility of a takeover at some point and a 30 percent premium.

NB: I hold CIA for the LTM (12 months plus) in my retirement fund and I am not a day-trader.

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Sirios Resource discovers visible gold in Quebec