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Press Release - Black Iron Inc. (BKI-TSXV)

The reason why Black Iron is such a compelling investment is that iron ore is all about moving large volumes of material at low cost, and in order to do that you need infrastructure, rail, port, and power to be specific. In our case we are only two kilometers away from the state-owned rail and power lines. We already have a letter from the government committing at least 10 million tonnes capacity on that rail that takes you down to one of five ports on the Black Sea that are within 140 kilometers... - Matthew Simpson (BKI) (Interview published May 6, 2011)

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NCP Northland Initiated Coverage on BLACK IRON with $1.90 Target Price
June 29, 2011

ANALYST: Maxim Sytchev | 416.645.2678 | msytchev@northlandcp.com

Shereen Zahawi | 416.645.2618 | szahawi@northlandcp.com


Investor Cubed is pleased to announce that NCP Northland Capital Partners Inc. has initiated coverage on Black Iron Inc. (BKI - TSX) on June 28th 2011.  

 

In the report, Maxim Sytchev forecasted a 'Buy' rating on Black Iron (BKI - TSX) with a target price of C$1.90.

 

Please contact Maxim Sytchev at 416 645 2678 or msytchev@northlandcp.com with any enquiries.

 

If you have any questions or would like to meet with Black Iron's management team please contact Investor Cubed at 647 258 3311 or info@investor3.ca.  

 

Note: Investor Cubed cannot distribute the research report.

 
Neil Simon, CEO

Investor Cubed Inc.

647.258.3311

nsimon@investor.ca

 

Christian Scovenna, Vice President

Investor Cubed Inc.

416.363.9694

cscovenna@investor.ca

 




    

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