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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 > Friday’s hitting 0.18 was interesting
View:
Post by Zynder on Nov 29, 2020 11:55am

Friday’s hitting 0.18 was interesting

Friday’s action was a shaking some loose holders. All it will take is for that buyer to come in again and we’ll be 0.18 again. This is just the start. If the deal gets done we’re looking at a multi bagger. Over the long term a huge gain might be in the cards. I’ve been in for about 7-8 years. Adding to my position every year.i started buying at 0.19 on the way down and I have an average cost now under 0.08. I’d like to buy more but diversification limits my purchase. This is very risky but the potential is worth a bit of risk. Remember don’t put all your eggs in one basket.
GLTA.
lets hope 2021 will be our year.
Z
Comment by IvanGubinski on Nov 29, 2020 4:50pm
I hate BKI to go up. Who is buying all that shares? Feelts like a deep pocket
Comment by BueBoy on Dec 02, 2020 5:31am
Interesting post and I agree. What investors are waiting for is for the project to be de-risked and that means solid news - either an off-take partner or a large royalty which will signify to the market that the project will finally happen. There have been too many false dawns and too many delays so investors are nervous. Royalty news seems the most likely first and I can see a double from ...more  
Comment by KKlassen on Dec 02, 2020 9:37am
 I totally agree, this is it, sink or swim in 2021...
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