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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 FIFOKidon Jun 21, 2021 2:14pm
90 Views
Post# 33421220

RE:RE:RE:6Pak

RE:RE:RE:6PakSweepy- I certainly can go on this tangent with previous companies but it would end up to be a book. A couple of other recent examples: Longford Energy that ended up to be Urthecast (which aslo turned out to be another scam) after a major battle with an institution ( The company never drilled a well and they were fleecing the company in high saalaries and termination contract windfalls)  Boris Becker (the tennis star) sued Bharti for fraud with regard to Nigerian oil properties. And do you ever notice Sprott NEVER invests in tandem with an F&M associated company.

I realize the discounted NPV of the project relative to market cap is so substantial here given the timeline but it is necessary to stand some chance of eeking out some potential return as a minority investor.
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