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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

Comment by GregL80on Oct 22, 2020 2:40pm
123 Views
Post# 31765557

RE:RE:RE:Iron Ore prices to remain higher for longer - Treasury

RE:RE:RE:Iron Ore prices to remain higher for longer - TreasuryI don't agree with your pessimism. BKI is a lot closer to producing, and has a formal process going to secure the funds. "Management is very pleased to update that as an additional source of funding for Project construction, a second Heads of Agreement with a construction company that includes an investment package valued at ~US$60 million has been signed." I'm also betting the trade war between China and Australia is going to get worse. I'm buying at these prices.
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