Black Iron Inc T.BKI

a bit I found today

[goldsa]

tsx research

Not sure that was posted already, but not sure about the date it was created, believe 2nd half 2020.

While in the beginning they talk in US and C$, not sure further down I think it is C$.

Do you own DD

[GregL80]

This was posted before. The research report I think was July 6th when BKI was at 10 c. Pretty good call I must say. 10 c shares would be like a dream come true right now.. The report is mostly in C$. The Iron Ore prices are in US$, but it converts to C$ for NAV etc. They even analyze the results from varying USD/CAD exchange rates, which is amazing. I just noticed the table on page 8 only goes

[wallywagon]

GregL80, I truly believe that by end March 2021, 3 plus months, OR before, we can be at $2.00 based on that report. If Royalty gets done now, Offtake by end March 2021 and construction deal $60 Million already locked up and will be announced with the offtake, the story becomes real. We raised the $462 Million that becomes equity min $1.50 a share. At current Iron Ore prices, its worth $5 Billion.

[IRONHANDS]

Wally if it's worth $2.50 by Easter 2021, I think everyone here would lose their goddamned minds. I would hope to see $1 in 3 months and agree this is SEVERELY undervalued at $0.36 Need to see a sizeable royalty deal by end of year from a SP momentum perspective. Royalty + offtake combo will put this much closer to fair value.

[wallywagon]

IH Just looking for opinions. Thanks. Indeed keeping Momentum is the key. Keeping buying interest going. But I've seen companies with 10 times less, with nothing, NO PEA,  go from 60 cents to $4.20 AGO.V in 45 days Argosy Mining. The right Royalty partner, investing $100-$200 Million could add 50 cents to BKI. Just saying.

[IvanGubinski]

Sit tight gentlemen, 5 bucks is a humble estimate . We will feast hard!

[sweepy]

Nothing has changed. Need some contracts signed. Wally, keep the pressure on.

[IvanGubinski]

Contract will be signed.  Everyone please trust Matt. Matt will hook out the best deal for us.  You know Matt could have take that deal with Glencore but he is waiting for the best for all of us.  Why is he doing that? Matt also got his meat in the game. He is one of us.  Sit tight gentlemen. BKI is ready to go.  Stay strong and have faith.  As long as the Chinese