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Black Iron Inc. (BKI.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.2500+0.0150 (+6.38%)
As of 02:17PM EST. Market open.
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  • D
    Daitarn III
    BKI(Matt): March we selected your offtake offer 

    Cargill: great let's make it official send the paper over and you can do a news release we approve.

    BKI(Matt):May we chose Cargill bla bla bla we have to meet their requirements (project permitted studies done land transfer to go binding) it's a great day Invest and tell your family and friends to invest.

    BKI(Matt) : we got no land, studies are not even started can you sign a binding agreement pretty please I promise we will get it done

    Cargill : Sure thing we'll do ...as soon as you have the land studies etc. As per our offtake offer

    BKI(Matt):  June public offering , wastes a month talking with another company offering money to do the study(conflict of interest) then decides to go with Wood PLC ...see Cargill we started the study can we go binding now?

    Cargill: Nice ...but still no Land studies not done and project not fully permitted as per our offtake offer no dice.

    BKI(Matt) :July closing financing work on studies will start soon can we go binding now pretty please with a cherry on Top

    Cargill: Dude no land no studies project not permitted = no bindings it's not that hard to understand

    BKI(Matt): how about we go "binding" but it's not really binding until all is done...

    Cargill: ehm...No

    BKI(Matt): Radio silence till September peeved investors bombarding him with emails/calls releases news that all is going well only a "few things" to work out with Cargill before they go binding working on land transfer studies and tax breaks ( except Mines have been removed from draft legislation for investment tax breaks...just slipped his mind mentioning that).

    October... November... December.... No news no updates investors were not even informed of meeting for land transfer ...no information on how that went and the mythological offtake agreement still is nowhere to be found.....

    The webinar promised construction starting in Summer 2022....just like it promised next summer for the past 6+ years...

    Binding land transfer and tax break were promised for this year but likely won't happen ..SP went down 2/3 ...Matt & Co still have not bought in open market to increase their paltry 2% ownership, Iron Ore prices cratered ....and Cheerleaders on this board are peeved that we point out the truth to spare new investors from buying into the B$ and lose their shirts.

    This is Matt/BKI in a nutshell.

    As promised in my bet with a poster here I'm still waiting for the price to skyrocket to 1$ after the offtake is done this December and I will buy 100k worth of it....By the looks of it I am pretty positive my 100k will go into other companies... Prove me wrong I'm waiting 24 days left to xmas.
  • R
    Robfans
    This stock is a done deal for couple of more years or maybe forever …
    Russia not holding back and no one cares about this small company
  • R
    Robfans
    Prediction for December ???
    I think some news will be out soon
  • D
    Daitarn III
    yup we did say that for a very long time some listened some didn't some still believe in the B$ and are still trying to sell it I mean they're literally repeating the same "news" on a loop ...Matt & Co have zero respect for shareholders they're just milking this for all they can ....on the bright side market is telling them they don't believe the B$ anymore and SP reflects it they will have a hard time getting any shred of investors confidence back if they don't start to deliver on all fronts before the year is over.
  • S
    Sam
    I wonder how those negotiations for the binding non binding agreement are going since iron ore is down more than 60% in the last couple of months...
  • J
    John
    can he be any slower... 🐌
  • D
    Daitarn III
    News is coming and it's going to be good.... strap your seatbelts we are going to skyrocket to 3$ minimum...set your calendar date 01/04/2022 DD/MM
  • C
    Cody
    i think i lost my shorts on this stock.
  • S
    Sam
    That middle finger chart to those who bought during the presentations... very insulting, but I did say it could end this way :p
  • L
    Lincoln
    It’s coming real soon. Cargill is a big company, takes a bit for the news to bounce to/from the CEO. Multiple emails w/ management confirms. $1 off an offtake deal like this firmed is pessimistic. Matt and co also met with the Ukrainian military last week so don’t quote me but we might see two birds in one stone. Stone—being land transfer and offtake; bird being a press release. Some of the people on this forum are off their meds
  • D
    Daitarn III
    Looks like it's going to flirt with high .10c soon ....I expect BKI(Matt) & Co to play the Russia card in the near future to justify not having accomplished anything of what they promised by the end of the year sprinkled with a dusting of the new COVID variant .... let's see if Cargill follows Metinvest footsteps ...GLTA.
  • L
    Lincoln
    John, yes iron ore took a tumble but our product is so pure and also qualifies for the green hydrogen process. The premium we can demand for top 4% global quality means the numbers aren’t as pretty as they were earlier this year but they’re still pretty.

    The investor presentation BKI has put together uses far lower PPT figures.

    Cheers everyone, hang in there
  • R
    Robfans
    Any update on what to expect in one month ?
  • D
    Daitarn III
    @ryan_walker2 lol I was just joking if you check the date I posted it's April fools Day hahaha either way there might be a bump up if they come up with the binding, but not really binding, offtake agreement and the land transfer. I seriously doubt thought that will be long lasting and that it will get close to the 52 weeks high so thread carefully playing this one good luck in your trades if you want to play the odds.
  • D
    Daitarn III
    @Sam yes it is on the upside it's a good thing for those that got in at higher averages to get back their money and get out I doubt any, binding but not really binding, agreement will push this close or past the 52 weeks high but one can only hope for those stuck in this it will be their last chance to get out before it inevitably deflates back down for the rest of 2022 JMHO as always
  • J
    John
    iron ore drops 7% down to 97$
  • S
    Sam
    BKI getting pumped, Matt might release another one of those binding, but yet non-binding agreements again soon.
  • L
    Lady luck 🛵
    Sooooo happy I dumped this scam at a small loss Matt is a snake oil salesmen he won't get the land, tax break nor the "fake binding" agreement by year end December is here and he accomplished nothing !!!
  • D
    Daitarn III
    free fall again at least they're consistent and no word about the mythical binding agreement ....( oh wait sorry forgot it's all arcerol fault for being slow good old Matt is pure perfect and innocent a champion of BKI Shareholders) So here is what our champion Matt is going to do to increase shareholders value : 1)on October 31st he is going to take candies away from kids that go knocking on his doors for Halloween and then is going door to door to get some more promising he will deliver ....next year 2)in November he will take nice pictures of the project and of some machinery he intends to buy for it off a catalog and put them in his next PowerPoint for a future webinar 3)In December he will write Santa Claus asking for the land transfer 4) In January he will ring in the new year relaxing on a beach spending shareholders money because he worked so hard so he deserves a couple months off 5) In March he will celebrate st Patrick's and spring putting together another financing deal because we are so close ....to another webinar..where he will tell you to buy BKI shares and tell your friends and family to invest....spread the word ....BKI is the next best thing after sliced bread .....6) unable to get any more suckers in he will sell the land and project to another company for pennies as long as he gets a nice payout in exchange for himself and his buddies ...the End.

    As I said before the spike we saw hasn't warranted a buy in this sadly has no legs to stand on...and is falling back to mid / low .20.... let's see if it sinks or swims .....stay safe everyone happy Halloween and don't let Matt steal your candies :D