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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
Comment by BGrahamon Feb 20, 2014 7:35pm
239 Views
Post# 22232443

RE:WE already know this , but.....................

RE:WE already know this , but.....................
To say that the purchase of Wabush will offer Alderon a ready made rail solution, as the posted article does, is premature to say the least. Bloom Lake ore comes across a 32K spur from QC to the Wabush Mines property in NL. Then down the QNSL and onto the Arnaud railway (owned by Cliffs) to Pointe Noire. AS long as Cliffs owns Bloom, the rail and port will remain part of the package - would put money on that. BG
Bullboard Posts