Champion Iron Limited (CIAFF)

[nowwhat2]

About Champion Iron Limited

Champion Iron Limited, through its subsidiary Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 km north of Fermont, Québec. Bloom Lake is an open-pit operation with a concentrator that primarily sources energy from renewable hydroelectric power. The Bloom Lake Phase I plant has a nameplate capacity of 7.4 Mtpa and produces a low contaminant high-grade 66.2% Fe iron ore concentrate and proved its ability to produce a 67.5% Fe direct reduction quality concentrate, which has attracted a premium to the Platts IODEX 62% Fe iron ore benchmark. The Company ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-Îles, Québec, and sells its iron ore concentrate to customers globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to the ongoing construction to complete the Bloom Lake Phase II project, Champion owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project located a few kilometres south-east of Bloom Lake, and the Consolidated Fire Lake North iron ore project, located approximately 40 km south of Bloom Lake.


MONTRÉAL, Jan. 12, 2022 /CNW Telbec/ - Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) ("Champion" or the "Company") announces that it will be hosting a conference call and webcast on January 27, 2022 at 8:30 AM EDT (Montréal Time) / January 28, 2022 at 12:30 AM AEDT (Sydney time) with senior management, during which they will review the Company's financial and operational results for the third quarter of the fiscal year ending March 31, 2022.





Sept 27th 2021


Oct 29th



2.5 months later

[nowwhat2]

Reported on the 27th

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ciaff&time=100&startdate=9%2F2%2F2021&enddate=11%2F6%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&x=61&y=15&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=13

https://lenord-cotier.com/2019/03/21/apres-trois-ans-dattente-les-travailleurs-de-la-sfppn-auront-enfin-leur-regime-de-retraite/

[nowwhat2]

mkt cap 2.33b cdn = 1.88b US

https://newsroom.championiron.com/

July 28 https://www.newswire.ca/news-releases/champion-iron-reports-record-net-income-eps-and-ebitda-for-its-fy2022-first-quarter-879579259.html


Sept 22 https://www.mining.com/bank-of-america-cuts-iron-ore-price-forecasts/

[makinezmoney]

$CIAFF: No one watching it........ ready to go higher


Only $5.50 right now.



And now more visibility.............


https://www.mining.com/rising-premium-iron-ore-demand-quebecs-time-to-shine/



GO $CIAFF

[Renee]

CHPRF changed to CIAFF:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[nowwhat2]

Nice.

[whytestocks]

Just In: $CHPRF Champion Iron to Acquire the Kami Project

Champion Iron to Acquire the Kami Project Canada NewsWire MONTRÉAL, Nov. 16, 2020 A high-grade project near the Company's operating Bloom Lake mine MONTRÉAL, Nov. 16, 2020 /CNW/ - Champion Iron Limited (TSX: CIA) (ASX: CIA) ("Champion" or th...

Read the whole news CHPRF - Champion Iron to Acquire the Kami Project

[whytestocks]

JUST IN: $CHPRF 5 Top Weekly TSX Stocks: Alamos Gold Up on Quarterly Results

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) trended down last week, closing at 15,591.53. The index was pushed lower on Friday (October 30) by energy stocks as an increase in coronavirus cases impacted investor sentiment. Gold and silver edged up that day as a...

In case you are interested CHPRF - 5 Top Weekly TSX Stocks: Alamos Gold Up on Quarterly Results

[stocktrademan]

CHPRF buy 1.1500

macd bullish crossup
breakout over previous resistance turning it to support
bollinger bands pinched and starting to release for the next rally
low risk high reward entry

normal chart




log chart

[Dionne]

Champion plans on hiring 400 workers by fall of this year.

http://ici.radio-canada.ca/nouvelle/1023345/champion-prevoit-embaucher-400-travailleurs-dici-automne

[Dionne]

He was an employee of the mine, he has no info right now. And for the skilled labor part, the area is mostly only about mines so there are a lot of workers ready to work.

[Rivers 1]

Next step is to "Man Up" with skilled labor. Ask your friend who recommended buying CHPRF what he knows.

[Dionne]

Seriously guys, they will open the mine. Only question is when...

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/562-tsx/cia/30380-champion-iron-files-bloom-lake-mine-feasibility-study.html

[Dionne]

Yes they could, but the money would have to go somewhere. When it's in the company, the price share will reflect. One could sell then

[Rivers 1]

Couldn't they just sell the mine not the company? I'm still holding.

[Dionne]

There can be preferred shares but a buyback would buy the pinks too

[Rivers 1]

Wasn't it mined before CLF bought it?

[Rivers 1]

Not sure how it works for OTC listings.

[Dionne]

A coworker worked at the mine until Cliffs closed it in 2014. He's been telling me to buy it since it was 0.06$ CAD, it now sells for 1.04$ CAD. I wish I bought when he told me, but I didn't like the gamble at the time.

[Rivers 1]

What brought CHRP to your attention? I heard about it on CLF's site.

[Dionne]

Even if they flip it, the takeover would mean our shares would sell aswell, don't you think?

[Rivers 1]

Yes, looks like a good entry point. They also have support from the Canadian government. For jobs and environmental clean up. Didn't know about the rail cars. News is limited. They need to get off the pink sheets! Question is, are they looking to flip the mine, and if they do how will we fair?

[Dionne]

Anybody else is watching closely here? I don't get why no one is talking about this company. Here's how I see it as of now.

In 2011, Cliffs Natural Resources (NYSE:CLF) bought the Bloom Lake Mine in Eastern Canada (Quebec) for some US$4.9 billion. Iron ore prices then dropped like never before (may not be a fact, but it still dropped like crazy) and Cliffs ended up closing it's ''troubled'' canadian operations. In 2015, Champion Iron bought the mine for pennies compared to what it once sold while iron ore prices were better.
http://www.championiron.com/champion-iron/champion-iron-completes-c30-million-financing-and-closes-acquisition-of-the-bloom-lake-mine-and-related-assets/
http://www.mining.com/840654-2/

In February of this year, they completed a feasability study and I can't really see anything negative about it.
http://www.championiron.com/champion-iron/2017/champion-iron-announces-completion-of-bloom-lake-mine-feasibility-study/

On March 16th, 2017 they annonced the acquisition of 735 railcars, which to me sounds like they are getting only closer to restarting the mine, or else why buying those in the first place?
http://www.championiron.com/champion-iron/champion-iron-acquires-735-specialized-iron-ore-railcars-for-bloom-lake-mine/

Considering it being a really big mine, having an expected life of more than 20 years. Having a cost of about 45$ a tonne with prices getting to better levels.
http://www.marketindex.com.au/iron-ore

Anyone else following the stock? I feel like they will annonce anytime now the reopening of the mine...

[Rivers 1]

Thanks. Had a hunch so I bought a bunch. LOL!

[stocktrademan]

There's not a lot of information out there on this. However this website has various telephone and and email contact that might be able to fill in some details.

Jorge Estepa
Vice President, Corporate Secretary (Canada)
Email: [e-mail]
Tel: [phone]

http://www.championiron.com/home/contact-us/

There's also the CEO's phone number in the news releases you could contact also. From the latest release:

Michael O’Keeffe, Executive Chairman and CEO at Tel. [phone]

http://www.championiron.com/champion-iron/champion-iron-limited-appoints-the-honourable-wayne-wouters-to-its-board-of-directors/

Anyhow good call on the position, I think it will turn out well. The chart is in an uptend and currently making a pennant. The uptrend should continue when it breaks out. But you probably already know this basic stuff. If not just search for it plenty out there.

Good luck!

[Rivers 1]

Took a position today. Can't find much information about this. Do they mine and ship much ore? Do you expect this company to get off the pink sheets any time soon? Bloom Lake should have potential.

[stocktrademan]

CHPRF bullish 0.34

normal chart




log chart