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Press Release - Black Iron Inc. (BKI-TSXV) |
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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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Black Iron (BKI - TSX) Cormark Initiates Research Buy Rating and $1.70 target
In the report, Rajiv Chail, Institutional Equity Research Mining Analyst, recommended a 'Buy' rating on Black Iron (BKI - TSX) with a C$1.70 target price.
Please contact Rajiv Chail at 416 943 6430 or rchail@cormark.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 Cormark Securities Inc. Metals & Mining: Iron Ore report.
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