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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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Desjardins Capital Markets Initiated Coverage on

BLACK IRON with $2.10 Target Price

August 8, 2011

SENIOR ANALYST | John Redstone| 514.281.7088 | john.redstone@vmd.desjardins.com

ASSOCIATE ANALYST | Aleem Ladak | 514.985.3573 | aleem.ladak@vmd.desjardins.com 


Investor Cubed is pleased to announce that Desjardins Capital Markets has initiated coverage on Black Iron Inc. (BKI - TSX) on August 5, 2011.  

 

In the report, John Redstone, Senior Mining Alayst, forecasted a 'Seculative Buy' rating with a target price of C$2.10.

 

Please contact John Redstone at 514.281.7088  or john.redstone@vmd.desjardins.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

George Mover, Chief Operating Officer of Black Iron

 

 

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.     

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Relations

Investor Cubed

(647) 258-3311

Toll Free: 1 888 258-3323

OR

Matt Simpson

Black Iron Inc.

President & Chief Executive Officer

(416) 309-2138

info@blackiron.com

www.blackiron.com

 




    

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