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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

Post by ymason Apr 12, 2021 5:33am
199 Views
Post# 32975777

The usual FUD

The usual FUDHello everyone,
I think it would be good to make a summary of all the "news" that was used in an attempt to influence the price of this ticker, I have been holding BKI since 0.055 days so I can say that I have seen the whole cycle and I will provide a summary below:

1. The Russian Affair
At the perceived top of every run, we get the usual "scortched earth" nonsense.  There is one elephant in the room that will cool any hot heads that want war: Gazprom.

2. Forbes and Manhattan
At some point, there will be reports on F&M.  How they're bad at managing everything and how they have a terrible track record.  BKI has gone from 0.055 to 0.52 CAD, how's that for a track record?

I'm not sure how many more times these two stories can be rehashed.  I hope that the majority of the shares are now in stable hands, I'm not sure FUD can significantly affect the share price now.

A market correction will provide a decent opportunity, besides that, I can't see anything affecting the juggernaut that is BKI.  One of the healthier weekly charts in the market at present.  I will be very pleased if the share price consolidates around the 0.70 CAD region.  GLTA!
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