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Bullboard - Stock Discussion Forum 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... see more

TSX:BKI - Post Discussion

Black Iron Inc > Bki Potential Could Exceed PEA ?
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Post by MakeItRain1 on May 08, 2020 6:14am

Bki Potential Could Exceed PEA ?

I'm some what new to BKI and I'm enjoying everyone's input on this stock. Like to add some thoughts and hopefully get some feedback. From all the info I've reviewed isn't it possible that this project could be worth far more than the $1.3B as BKI has forecasted ? It's based on $62/t but bki should/could fetch a premium price of up to $40 plus for its premium grade product ? So if the price stays at $80, aren't we looking at potentially around $120/t ? Or am I missing something ? 

Wasn't there also talk of land available for expansion of the mine available which could increase the value ? 

I also believe that because BKI has had a few ups and downs over many years there are many investors sitting on the sidelines who are very aware of the potential here. I think once news hit they will all jump in and this will go up fast to reflect its actual value.


Following the news I believe Iron ore is going to be in high demand and the stars are aligning for BKI. I think the big investors are going to be hungry once the dust settles from covid and good news is only a matter of time.

Comment by SomeFromNone on May 08, 2020 10:29am
it's old news now, but in case you missed it, there was a report in 2019 that gave a $7.76/share target price.. https://www.fahy.co/bkirf-black-iron-inc-independent-economic-analysis/ there's certainly a lot of potential with this investment; you aren't missing anything. I think a lot of people got burned years ago, and are probably pretty skeptical about it now. I think a lot of ...more  
Comment by MakeItRain1 on May 08, 2020 10:44am
 Thanks for the link, very interesting. I am not bummed at all though and never was. I'm in for the long haul with bki and would be quite happy with $7.76usd/share. I think this stock will make us all very happy !!
Comment by Makingmillions on May 08, 2020 10:44am
This post has been removed in accordance with Community Policy
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