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 > Take over coming?

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Comment by goliath06on Jan 06, 2023 1:21pm

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Post# 35207323

RE:Take over coming?

if that were the case...........
this thing would be up 15 to 20%......
and volume would be 5mil not 850k.....
having said that there has been unusual activity trading wise............
in the last little while...............
if mgt sold this thing for $10. it would be a robbery....
plain and simple...........
so i think we are safe for a while..........
maybe its BLACKROCK .................ACCUMULATING AGAIN........
WHO KNOWS............
In any case HAPPY TRADING AND GOOD LUCK TO ALL.........

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These cold weather stocks are looking to heat up for winter