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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 > Bumpy road
View:
Post by Sawasdeekrab on Mar 23, 2021 5:22pm

Bumpy road

What happened within 2 weeks. Any explainations from a closing at 6.01$ on March 12th to a low yesterday evening at 4.84$. Some people might have take their profit by selling a lots of shares. At this speed, we won't see 7$ before 2 to 3 years....
Comment by OuijaFund on Mar 23, 2021 6:33pm
I think there is still upside for CIA, as we don't need US $190 iron ore to justify a $6+ share price, a.k.a. the fundamentals look really good, record earnings coming late April as catalyst, high-grade P65 ore will be in demand if China is serious about cutting pollution. China production cuts won't end the iron ore boom
Comment by PROINVESTALOT on Mar 23, 2021 6:38pm
You are absolutely right. At nearly 1$ profit per share with march 31st results coming, even dummies will have to agree. CIA shares are a way undervalued.
Comment by PROINVESTALOT on Mar 23, 2021 6:39pm
You are absolutely right. At nearly 1$ profit per share with march 31st results coming, even dummies will have to agree. CIA shares are a way undervalued.
Comment by PROINVESTALOT on Mar 23, 2021 6:35pm
It took about 2 months (mid-nov to mid-feb 2021) from 3$ to 5$... Why dont you sell your shares and go somewhere else with your un relevant comments?
Comment by Sawasdeekrab on Mar 23, 2021 9:02pm
Relax Pro, what kind of rough answer. It was just a question to find out why an increasement and after that a drop of 20%. You seems to be agressif those days, look at some of your answers to other people on this page. This website is not official at all so for sure we can read some comments we don't necessary like but we have to deal with them. You seem to protect this share so much that we ...more  
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