Post by
Porsche993 on Jun 10, 2021 1:40pm
Champion Iron Ore CIA-T
Folks, take a looksy at Champion Iron Ore. Trades at 6.5X earnings at $6.30/share and expanding again. Traded at .24c on 10/17/2016. Obviously seeing tailwinds with IO price BUT, BLK has lower cost, better quality ore and superior access/proximity to key markets. Only question is Ukraine but things should remain stable. IO price will decline but EVEN AT $100 for 62, the thing is literally a "gold mine". Can't believe analysts are not all over this thing, with a risk-reward scenario worthy of looking at. I own some Champion as well.
Comment by
DragonOilGuy on Jun 10, 2021 2:39pm
$6.3 we will see that here too. When, of course, is unclear. But it will happen. Our market capitalisation is a joke at the moment.