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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. The Shymanivske Project is located near the city of Kryvyi Rih, in the Dnepropetrovsk Region of Ukraine near two large producing iron ore mines. The Project is surrounded by five other operating mines, including Metinvest's YuGOK and ArcelorMittal's iron ore complex. It holds an iron ore mining extraction permit over 2.56 square kilometers of land. Its subsidiary is Black Iron (Cyprus) Limited.


TSX:BKI - Post by User

Bullboard Posts
Comment by tradewindsblowon Apr 13, 2017 9:51am
57 Views
Post# 26117207

RE:Iron ore price.

RE:Iron ore price.Nobody is jumping ship. Sometimes you just have to watch how the boat hits the waves so you don't capsize. He didn't say anything that isn't obvious imo. So if he said "as prices hover in the 60 to 90 dollar range, it would be enough for most producers to keep their business not just going, but doing well." I also take that to mean if they don't it would be enough to cripple most producers ? Yes I know BKI is not a producer but anyone buying a company at this stage would be looking to move it into production. I'm more confident in BKI than ever but I don't fight trends.
Bullboard Posts