Champion Iron Limited (CIA-T) Stock Predictions - Stockchase
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Champion Iron Limited (CIA-T)

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Champion Iron Limited

CIA-T

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Champion Iron Limited (CIA-T) SAVE Apr, 19, 2019, 9:13 am

2.00 0.01 (0.5%)

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A junior iron ore exploration company that operates in the Labrador trough in Northeast Québec/Western Labrador. Canadian National (CNR-T) announced they were not going to go ahead with the expansion of a rail line. Companies like this were dependent on that rail line to get their material out. Alternatives now include having to cut a deal with existing rail lines. Properties are fine, but with a lack of infrastructure and weakness in iron ore prices the stock was clobbered, it’s a Hold at best.

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A junior iron ore exploration company that operates in the Labrador trough in Northeast Québec/Western Labrador. Canadian National (CNR-T) announced they were not going to go ahead with the expansion of a rail line. Companies like this were dependent on that rail line to get their material out. Alternatives now include having to cut a deal with existing rail lines. Properties are fine, but with a lack of infrastructure and weakness in iron ore prices the stock was clobbered, it’s a Hold at best.

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Michael Giordan

VP Investm, ...

Price Price
$0.225
Owned Owned
No

HOLD

He would call this a Hold given the activity in the Québec Labrador trough. Have 2 excellent properties with a billion punt potential of iron ore in that trough. The problem is there is an excess supply of iron ore in the market.

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He would call this a Hold given the activity in the Québec Labrador trough. Have 2 excellent properties with a billion punt potential of iron ore in that trough. The problem is there is an excess supply of iron ore in the market.

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Michael Giordan

VP Investm, ...

Price Price
$0.255
Owned Owned
No

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