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Black Iron Inc T.BKI

Alternate Symbol(s):  BKIRF

Black Iron Inc. is a Canada-based iron ore exploration and development company, advancing its 100% owned Shymanivske Iron Ore Project located in Kryviy Rih, Ukraine. The Shymanivske project is surrounded by five operating iron ore mines, including various owned by Metinvest and ArcelorMittal’s iron ore complex. The Property is situated in the Kryvyi Rih iron ore basin, located in the Dnepropetrovsk region of Ukraine (Central Ukraine). The Company holds an interest in a mining permit that covers an area of approximately 2.56 square kilometers and comprises the Shymanivske project. The project is located in proximity of infrastructure, including rail, power, water and ports.


TSX:BKI - Post by User

Bullboard Posts
Comment by 4_nolanon Jan 11, 2013 8:31pm
185 Views
Post# 20828768

RE: RE: Compare

RE: RE: Compare

Hi Tarnoir,

  You're preaching to the choir.  I have held NML for close to 7 years ( it's been a long haul), and Alderon VIA Altius since 2008 and understand the importance of their JV with Hebei and Tata in regards to financing and offtakes ... prime example is  seeing what happened to LIM last year trying to go it alone.  Alderon is obviously further along then BKi and they should not be compared apples to apples I was just making a comment on the technicals of the FS and economics of the two deposits to demonstrate where I believe BKI can be trading in the near future using Alderon market cap as a benchmark.  I know BKI doesn't have a partner yet, but the company has stated that they are in talks with 19 seperate entities, so I feel confident.

On a separate note I am very long on NML, Altius, and BKI, with small positions in Champion, Capex and Labrador Iron which I tend to trade on the swings. I am also always watching Adrianna, Oceanic, AXI, Beaufield, Century and a few others for tradng opportunities.

Good Luck and thanks for the response.

Bullboard Posts