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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 > Maybe sometimes the iron will become gold...
View:
Post by Sawasdeekrab on Sep 17, 2021 8:38pm

Maybe sometimes the iron will become gold...

I think I missed the train of the time when the price of iron was high. Now by dint of descending like that, as a mine, it is no longer iron that we are going to find but gold. Of course, I am kidding but since they granted themselves increases, it seems that the share has only gone down. Every day we say to ourselves that we should buy more at the price that the stock is, but every day the stock goes down. At what price can tell us that the action cannot go below? I think it is worrying that even to see the action at this level especially with the profits it has made over the past 2 years
 
Comment by someday2 on Sep 18, 2021 11:55am
This post has been removed in accordance with Community Policy
Comment by PROINVESTALOT on Sep 19, 2021 8:32am
Thanks for the reminder Someday ha ha! No seriously, I do not care about volatility as long as I win on the long term. As Buffet mentioned again and again, the real risk for an investor is the risk of bankruptcy of a company... and hard to finish there when you have no more debt as CIA does. I have been in CIA since around .80$, adding and adding extra more shares on the long trip. With time and ...more  
Comment by Bepositive on Sep 19, 2021 9:29pm
and to add more: don't forget -no debt -production doubled in 2022 imagine 16M tons at 70 $ us of profit per ton gives almost 1300M $ CDN let's be patient
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