Champion Iron Ord Shs T.CIA

Ukraine effects??

[evnut1980]

What does everyone think of how this Ukraine garbage might affect CIA?   On one hand it could drag down overall markets (ie futures down now) and CIA with it, but on the other hand the supply disruptions out of Russia could lead to higher ore prices(??) and CIA would do well being located in a politically stable place.  
So far its holding up okay over $6 canadian on the Aus market.
Any thoughts would be appreciated as I could be totally wrong, not an expert.

[goliath06]

IRON ORE PRICE............. IS MORE IMPORTANT............... THAN UKRAINE OR RUSSIA............. IOP .....UP 5.00 TODAY............ AS ALWAYS DO YOUR OWN DD........... GLTA 

[Gr8brt10]

I don't see any impact on global Iron ore prices except regionally.   Generally, for many miners and smelters (steel, alluminium, etc) higher energy costs will have an impact, but this should be positive for CIA fir two reasons: 1. They use hydro-electric energy in mining iron ore 2. Their high quality iron ore should be in greater demand (trade at a premium) as it allows steel

[Gr8brt10]

Let me try and say that better... I don't see any impact on global Iron ore prices except regionally as local supply to steel makers could be impacted.  Generally, for many miners and smelters (steel, alluminium, etc) however, higher energy costs will have an impact on their production costs but not so for CIA. They use hydro-electric energy in mining iron ore. Also,