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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 > I like CIA
View:
Post by marsman1 on May 12, 2021 9:52am

I like CIA

But , a reporter this morning said that the steel companies are buying and hoarding iron ore because the are afraid that the Chineese Govt. could halt imports in the future. He was bearish on Iron ore. Maybe right , maybe wrong. In any case the price action did tell  me to sell two days ago. I think CiA has prepared for events and I do expect great earnings going foward , but the market is the market . So I will reenter when and if it falls .
Comment by WindsorGuy on May 12, 2021 11:45am
Despite higher bond yields high grade iron ore is holding firm (down 0,1%} Still a buyer. GLTA
Comment by PROINVESTALOT on May 12, 2021 2:08pm
I will think of you when the share price will be over 10$ in the next few months...
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