GREY:ADEXF - Post by User
Post by
mplauton Oct 01, 2008 5:10pm
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Post# 15498055
AXI's Previous Lives
AXI's Previous Lives
Look at the NR of
https://advanced-exploration.com/news/News%20release%20-%20English%20-%20Feb%2012%202007.pdf
This includes the language:
The agreement will constitute a Change of Business under the policies of the TSX
Venture Exchange. Advanced Explorations will be involved in the Resource Sector
upon the completion date, which constitutes a change of business. Advanced
Explorations was previously in the relational marketing industry. The Company has
been evaluating resource opportunities since the fall of 2004. An agreement with
LDI3 (dated December 21, 2005) gave Advanced Explorations a worldwide license of
a laser technology for oil exploration, upon validation of the technology; this
validation has not yet been conducted.
I do not know why you had trouble finding the old NRs. They are here:
https://www.advanced-exploration.com/news.php5
and they go back to 2005.
Before they found Roche Bay they were looking around trying to hook onto something. Now they have been focussing on Roche Bay for a year and a half. They have brought in a lot of new people who have experience in mining, but I am wondering if they will be able to pull things through over the next several months and maybe longer. Iron is already soft and if there is a real slowdown in China it could get very hard.