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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

Post by DragonOilGuyon Jul 31, 2020 9:28am
137 Views
Post# 31348798

My view

My view
I don't know where you people are from.
I live in Germany and with all my experiences of the last months I wouldn't blame Matt and the others. Life basically stood still. 
A friend who does business with Russia and Ukraine says it's still very quiet. No wonder, everything stood still there as well.
 
Here in Germany there were and are many companies that came to a standstill due to Corona or at least were shut down considerably. Many workers and employees were sent on short time. That means that 20, 50 or more % less work was done. Supply chains were interrupted. You have experienced it yourself. How can complex issues requiring site visits and travel be resolved? Recently, everything is slowly getting back on track and you can fly again. I will fly to Portugal in September to surf. Matt and Co will certainly fly again and the guys fom Chinese construction companies will be able to travel to the Ukraine.
 
There is no doubt that nobody is satisfied with the situation and the BKI share price, if you see the potential. I firmly believe that without Corona everything would be much further. Ukraine needs investments like this one, and that is why the project will come to fruition. The chance of tax revenue and many jobs near a large city with perfect logistical links will not be missed by anyone in Ukraine.
 
 
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