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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 > Over due reports ?
View:
Post by ElanS2 on Jan 15, 2024 7:57am

Over due reports ?

If I recall correctly at least two studies were due before the end of 2023 :
  -the reuse of the old Wabush pellet plant in Sept-Iles
  -developing the Kammi deposit left over from Alderon
I want to buy more CIA, but the silence concerning these studies makes me nervous.
From what I know the old PP is a pile of junk and the Kammi deposit comes with Manganese which is not easy to remove and is regarded as a contaminant ( see the first 43-101 from Alderon ).
So far CIA has been a model of doing things right. Management is first class and the project has a bright future so I do not wish to be negative, but I do want to see these studies out in the open before putting more $ on the table.
Comment by LabradorTwin on Jan 16, 2024 8:00am
In the last shareholder meeting David Cataford made a comment about these studies coming out end of 2023, latest by end of January 2024.
Comment by Thumb1972 on Jan 16, 2024 11:01am
That's correct and my guess is that they will come soon after the Q3 results are announced, which I expect to be outstanding, with Kami being the icing and Pellet Plant study the cherry on top.  Best regards, Thumb
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