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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 > Let's have some realism
View:
Post by BueBoy on May 14, 2021 8:54am

Let's have some realism

It was a bad day yesterday but let's keep things real.

1. Wally, I enjoy your posts but I want Matt exactly where he is. The deal he got with Cargill is a fantasic one for all shareholders and we should appreciate that. I have never seen better terms for a junior. Delays happen especially working in a second tier juristication and these delays are outside of his control. Matt explained Cargill took over a month to agree the wording of the offtake press release so how can that be Matt's fault! He was actually right on schedule saying late Q1. I fully trust Matt in what he says. I can't say the same for many junior CEO's. 

2. Anyone looking for a buy out at this time does not understand the concept. There is a way to go with the land transfer and permits before a buy out is even a possibility.

3. BKI is still a tiny fish is a sea of sharks. Those sharks or brokers as some refer to them as  know a placing is required soon and they flooded the market yesterday to push the price downwards in an attempt to later take placing shares cheap. Just look at the 1.5m sell early trading yesterday to scare shareholders. I hope now Matt finds a private investor to cover the placing and cut those brokers off at the knees.

I am 100% delighted with the offtake agreed. Hold for four months and then look back and you will be gald you did.
Comment by IvanGubinski on May 14, 2021 8:58am
Ivan agrees with bueboy
Comment by wallywagon on May 14, 2021 9:20am
BB I have been holding for a decade! And will continue to. Nice post Hate sharks!! GLTA
Comment by BueBoy on May 14, 2021 9:46am
Over a decade for me too. Just hang in there.  Time we get a payday we'll be older and wiser!   
Comment by 6pako6 on May 14, 2021 9:58am
Shuting down for a couple of months, I can't stand this. I'm holding long!  Told my friend to let me know when it hits 1$ GLTA
Comment by IvanGubinski on May 14, 2021 10:22am
You want to post some position overview for us 6pako6?
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