CIA 4.74% $6.43 champion iron limited

High grade iron ore, anyone?, page-10

  1. 3,598 Posts.
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    Does any one watch the Toronto listed version of Champion ?

    In the last week CIA.TO has done almost 15% growth, we have had a great week in Aust for CIA.AX doing just under 10%

    I can only conclude that the Canadians are aware of something significantly more positive than we are aware of.

    Our local market will catch on soon enough.

    Looks like Dr Copper is showing some strong signs and the iron ore price is starting to pick up as well to $8630pt up over 14% this month.

    Since the low in early Nov of just below $80pt for benchmark 62%, iron ore is now up above $90.
    Iron Ore typically follows Copper demand.

    With the midterms in the US basically behind us, inflation starting to show signs of slowing down and China COVID zero policy becoming kinder and gentler I think we have the seeds for a mini bull run.

    Not investment advice, GLTAH
    Last edited by zendiceman: 13/11/22
 
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