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Alderon Iron Ore Corp AXXDF

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

Bullboard Posts
Post by clmclmon Feb 10, 2014 9:00pm
491 Views
Post# 22193470

Cliff wil close ......

Cliff wil close ......
In 2014 Cliff will close its plant (its mine) Wabush (Scully). Cfiff will only operate the Bloom Lake Mine (CLM purchase at a cost of $ 5 billion in 2011, which is now worth $ 3 billion). A beautiful loss in 3 years ...

After this announcement. The government will announce the extension of the power line to supply Alderon replacing the jobs lost in Cliff.

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Bullboard Posts