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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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Union Securities Ltd. Initiated Coverage on BLACK IRON with $1.95 Target Price July 19, 2011
ASSOCIATE MINING ANALYST | Philip Ker | 416.775.5130 | pker@union-securities.com Investor Cubed is pleased to announce that Union Securities Ltd. has initiated coverage on Black Iron Inc. (BKI - TSX) on July 19th 2011.
In the report, Brian Mok, Senior Mining Alayst, forecasted a 'Seculative Buy' rating with a target price of C$1.95.
Please contact Brian Mok at 416 775 5135 or bmok@union-securities.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.
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