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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 ghostpepperon Nov 23, 2022 10:14pm
403 Views
Post# 35123952

same old BS from Matt...

same old BS from Matt...well I would love to be optimistic on this one but I have now zero confidence in Matt ability to deliver on anything he promised for the past 10 years.He was looking into other projects to bring shareholders value...that was just one of his latest BS just to feed something to PO shareholders , he mentioned that this project Iron Ore would be used to rebuild Ukraine that's another BS this will take at least a 2/3 years to be built and start producing...steel and iron ore will come from other producers that will make all the money...he hasn't even gotten the land and he's already hinting at another fund raise for it...this is not going anywhere and will never be built that's the reality Matt doesn't even answer question about the famous royalty deal and offtake agreement I seriously doubt anything concrete will ever happen just the usual bunch of promises and pipe dreams.
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