Black Iron Inc. (OTC:BKIRF) is a near-term iron ore project in the Ukraine that is part of the Forbes and Manhattan group of companies. If there's one thing an investor can be certain of, it's that Forbes and Manhattan are the industry leaders in building iron ore companies for sale to majors.
The flagship transaction that is a most poignant case in point? Forbes and Manhattan investors who invested in Consolidated Thompson iron mines at $0.22 a share were no doubt ecstatic when the company was acquired by Cleveland Cliffs (NYSE:CLF) in May 2011 for $4.9 billion or $17.25 per share, representing a return of over 7,700%. It took five years and $1 billion in capital...
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