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Bullboard - Stock Discussion Forum 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... see more

TSX:CIA - Post Discussion

Champion Iron Ord Shs > Who will buy CIA
View:
Post by PROINVESTALOT on Feb 05, 2021 12:37pm

Who will buy CIA

For those like me thinking it will be a take over /buyout on the stock, who do you think will be the buyer?
Comment by Dragon23 on Feb 05, 2021 1:10pm
RIO..... or Noront Resources with Wyloo backing
Comment by SoftToMuch on Feb 05, 2021 4:20pm
Can I ask you why you think CIA is on the radar of a take over ? 
Comment by PROINVESTALOT on Feb 05, 2021 7:18pm
Because that is the way Michael O'Keeffe likes to play it. Go read on his background and everything will be clear. For me, it is quite obvious we are going there. The question is at what price? 12-15$ in the next 2 years is my guess and our neighbor Arcelor as the buyer.
Comment by SoftToMuch on Feb 05, 2021 7:40pm
Thank you for your clear answer.
Comment by savyinvestor333 on Feb 06, 2021 6:01am
Wouldn't it be ironic if Cliffs bought us out. That would be 2 for 2 for me. Consolidated Thomson went fron $.90 to $17 in around 2 years before Cliffs bought this same property from them.
Comment by someday2 on Feb 06, 2021 8:55am
This post has been removed in accordance with Community Policy
Comment by Marlbank on Feb 06, 2021 9:46am
I think it depends on the psychology of a O'Keefe. More of a builder than a caretaker, no?
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