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Alderon Iron Ore Corp AXXDF

Metals & Mining Steel Industrial Metals & Minerals Steel
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.


GREY:AXXDF - Post by User

Alderon Iron Ore Corp
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Comment by BGrahamon Oct 12, 2012 12:17pm
193 Views
Post# 20477976

RE: RE: RE: About Percentages & Recovery

RE: RE: RE: About Percentages & Recovery

For what its worth;

 

I just listened to Cliffs NR July 31, 2012  Analyst Call which is currently hosted on their website.

At about the 2:45 / 2:46 on the timer it is clearly stated that the magnetite plant previously planned by Consolidated Thompson will not be part of phase 2 or phase 3 expansion plans - so I guess wt recovery potential just got maxed out at (the optimistic) 38%.

 

BG

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