Replies to post #20 on Black Iron, Inc. (BKIRF)

[Tex18]

I was watching it fall amidst the recent uncertainty in the market and decided to wait. Looked and it was sub 6 so i pulled the trigger.

Significantly favorable risk/reward profile here. Enterprise value of $9 million??? That screams buy in my opinion. As the research report stated, this should be 50-60 cents US pps. Upon completion of construction this should trade about $385 million market cap (1x estimated ebitda). At ~180 million shares equals ~ $2 US pps.

As production commences, could/should fetch a 4-6x ebitda multiple which puts it closer to a $10 pps. That’s with just one year of production and only phase I (4Mt per annum).

[Tex18]

As far as the word getting out, no not quite just let!

Let’s finish loading!