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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

Comment by ymason May 03, 2021 2:51pm
139 Views
Post# 33115700

RE:RE:Congrats

RE:RE:CongratsThank you all for the kind words, I did not anticipate such a negative response from some to my post and now Wally is taking flak.  The buck stops with me, I should have phrased my post better.  I know better now and will ensure my posts are more appropriate.

Markets follow the pareto distribution, in other words, 80% of the outcomes are determined by 20% of the players.  It is imperative that institutional investors accept the "new normal" for BKI because ultimately, they will be the ones who move the price up to the levels we are hoping for.  Price has to consolidate, incrementally, at higher levels.  Berkshire Hathaway raised 1 Billion euros in bonds at 0% interest.  Imagine the type of attention a project like this could attract?

A step at a time.  I wish you all the very best and GLTA!
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