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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 > Champion Iron Ore CIA-T
View:
Post by Porsche993 on Jun 10, 2021 1:40pm

Champion Iron Ore CIA-T

Folks, take a looksy at Champion Iron Ore. Trades at 6.5X earnings at $6.30/share and expanding again. Traded at .24c on 10/17/2016. Obviously seeing tailwinds with IO price BUT, BLK has lower cost, better quality ore and superior access/proximity to key markets. Only question is Ukraine but things should remain stable. IO price will decline but EVEN AT  $100 for 62, the thing is literally a "gold mine". Can't believe analysts are not all over this thing, with a risk-reward scenario worthy of looking at. I own some Champion as well.
Comment by DragonOilGuy on Jun 10, 2021 2:39pm
$6.3 we will see that here too. When, of course, is unclear. But it will happen. Our market capitalisation is a joke at the moment.