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Bullboard - Stock Discussion Forum 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... see more

TSX:BKI - Post Discussion

Black Iron Inc > Stranger things
View:
Post by BKIalltheway on May 13, 2021 9:51am

Stranger things

What the !?!? I know this is a long hold stock still and am convinced it will go up. But what in the name is happening on the market? 20 min into trading and over a million shares traded hands and the SP has gone down - again. To 52 cents!! None of this is making sense. Why is the market interpreting this as a bad news???
Comment by Darkmrwest1 on May 13, 2021 10:01am
100% it will dip down and whamm! You will get some deep pockets pick up the weak hands.
Comment by IRONHANDS on May 13, 2021 10:26am
Weird activity??!!??!! Someone wanted out in a hurry, or big boys are dicking around with this name to move in and get shares... or both.
Comment by IvanGubinski on May 13, 2021 10:30am
Well sit tight. It is just part of the roller coaster ride. Do you remember the 20 cents day?
Comment by BKIalltheway on May 13, 2021 10:36am
Yep I remember. Been a shareholder for 10+ years.  This isn't new - true - just frustrating that good news doesn't equate what you expect. But that is the name of the game ! 
Comment by Porsche993 on May 13, 2021 10:56am
Short term vs Long term investors....better volume is good sign with strong fundamentals. Buy more if you're looking at 5 year return. 
Comment by Zynder on May 13, 2021 11:02am
I think one of our past financiers is getting out. They've made a great profit and are moving on to their next financing. or it could be someone trying to get the price lower for a new financing? Just an opinion. Z
Comment by sweepy on May 13, 2021 11:14am
Typically it is a Forbes & Manhattan insider(s).
Comment by abcdefghijklmn1 on May 13, 2021 11:15am
Off take losing bidder sour grapes 
Comment by IvanGubinski on May 13, 2021 1:13pm
Any of you still holding on? It is good that we bottomed at 50 cents. Regroup and carry on!!
Comment by 6pako6 on May 13, 2021 1:29pm
I'm all in for long... 
Comment by IvanGubinski on May 13, 2021 2:05pm
Wally, you might like this. It is a 4 million shares day. At least we could say that we are now solid above 50. Isn't that a good news?? Let's bring in some optimism 
Comment by IRONHANDS on May 13, 2021 2:38pm
Today was courtesy of Wally ragequitting and dumping his 3 million shares LOL
Comment by ztkatc on May 13, 2021 3:56pm
Uhm...not that solid LOL
Comment by SomeFromNone on May 13, 2021 2:08pm
yeah I'm happy to see the bleeding stop. Still long on bki for sure! Q3 and Q4 should have lots in store for us to look forward to! Glta!!
Comment by sweepy on May 13, 2021 10:24am
Nothing is strange here. It is what all Forbes & Manhatten companies do. Delays so that they can milk the shareholders.
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