CIA 1.60% $5.73 champion iron limited

Could be big things to come out of CIA over the next 4 weeks....

  1. 1,197 Posts.
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    Could be big things to come out of CIA over the next 4 weeks.

    Huge iron ore play in quebec labrador trough.

    Research bloom lake iron ore. Thos project was mothballed when iron ore fell and michael okeefe bought it for bugger all.

    Scoping studies underway to rework the mone and make.profitable.

    They have also bought the rail link and from mining area to ports in partnership with quebec government.

    May also pay to research okeef. Sold riversdale mine to rio at the top of the market.

    Tightly held well funded and backed by government. Did a placement sometime ago with a major USA invesentnfund for a few million. That fund usually have a 40mill investment level but this was way under.

    Interesting play and could do a FMG very easily.

    Cheers
 
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