Champion Iron Ord Shs T.CIA

Fonds Ftq and 75 millions of$

[PROINVESTALOT]

Have you seen this news today in La Presse saying Fonds FTQ will put 75 millions in the phase 2 project? I do not understand this one since company is cash loaded. Anyone has explanation or dtails?

[Curious777]

The involvement of such institution is very useful. Even if you have the money, you want this worker's fund to be part and to take part of the upcoming success...  With 400 new jobs, and a few expansion phases coming up, you want "le fond de la FTQ" in your team.

[PROINVESTALOT]

Hopefully our champion in investors'relations (...) vp Michael Marcotte could clarify?

[goliath06]

regarding the FTQ....my question is what do they GET IN RETURN for the 75mil...is it shares I CERTAINLY HOPE NOT AT THIS PRICE ...could ANYONE SHED A LITTLE LIGHT ON THIS///////////////////////////////////////////  thanks/////////////////  GLTA   ///////////////

[PROINVESTALOT]

It is an unsecured loan.

[goliath06]

thanks PRO at what RATE ..the company doesn't NEED ANY MONEY.....they just repaid 160m loan unless it's INTEREST FREE ok we'll take it otherwise there is no need at all.......i'm with you the company was never big on INVESTORS RELATION.......it seens to me they try to hide AS MUCH AS POSSIBLE....that Marcotte guy is USELESS....................................GLTA

[PROINVESTALOT]

Of course Marcotte is useless. Not sure he is still working there. Not a mention of his name in the report for the meeting at the end of the month. Why push to the top a share when you know the value (much higher) and you want more stock options at low prices. Stock options in the case of CIA is just a pain in the as.. They have to stop it!

[Fiauch1]

He is still working why is he useless?? Does he control China and IOP? worthless comment,  just breathe, its Business as usual in 6 to 8 months all will be happy again There is nothing wrong with  taking a profit,  this allow to avoid being frustarded when SP retreat JUST MY OPINION

[PROINVESTALOT]

You are not going to change my mind on Marcotte. This guy is useless for CIA. CIA shares price have always been underevaluated big time and not that much done to change this perception. The guy is supposer to be vp investors relations... It is funny when you say these guys have no control on iop. You are absolutly right. For the same reason, why would they desserve significant bonus and incentives

[cladesclades]

Tu as raison mon cher proinvestalot.....like i said a few times every one makes money ,with the salary at 400,000  750,000 1 millon also with the option et nous les petit actionnaire le SP passe de 7 a 5....je suis en taba......en bon quebecois...

[EricQC]

Did you ever reached out to Investors Relations? Every time I did, Marcotte answered back in less than 24 hours and answered every single question I have raised.   The reality is that the share price moves when institutional buyers or sellers are in the picture. Retail investors do not move the market. And if I have to take a guess, I would say that institutional investors know that CIA

[Fiauch1]

exactly Email him,  he answer even at night and faster than 24hours  for me 5-10 minutes he answer back just load the Boad,  IO is same as Oil china are playing the market, wait and see end of septmeber where we are

[tigersea2]

it is the price of iron triggering massice profit taking. Share price was $3 bucks last year ago. You have a lot of owners happy to take profits. If you trust the operation and economic of the mine, see this as opportunity to load up.

[PROINVESTALOT]

We all know this evidence CIA is going down now because iop is going down also. All the discussions around Marcotte started when we discussed the documentation we received regarding the meeting coming this week. Subjets: rem$ stock options, bonuses and rlection of admistrators. In this report , we found figures that were at least questionables. Millions in salaries and bonuses, stock options to

[PROINVESTALOT]

I am an old cat and I have seen that a lot of time before. And for those who think CIA will not be taken over, go read on O'Keeffe historic and chances are you will change your mind...

[Captgo01]

https://www.journaldemontreal.com/2021/08/19/la-ftq-investit-75-millions--dans-le-complexe-minier-du-lac-bloom-1

[Fiauch1]

Then now tell me how the Government can act againts Phase 2 and Folowing Bape recommendation Political Move

[PROINVESTALOT]

Yes you are right. Such a waste of time this Bape...They are again all developments.

[domjoy80]

They already have all the money they need for phase 2. Another 75 million dollars ... Maybe we'll get a gift soon (dividend)

[PROINVESTALOT]

Funny but this is exactly what I was thinking about.... We will know soon...

[dmacd]

Good info. So the tailings plan expansion is not approved as yet. Not a big deal since the approved plan can be accelerated though the mine life will be lowered until the tailings plan is approved. Pit backfill is fallback but with a slightly higher OPEX. BAPE seems out of touch ... doesn't northern Quebec have more than enough lakes???