Alderon Iron Ore Corp AXXDF

Alderon will never build an iron ore mine

[Birtchtree]

Clearly the fundamentals of the iron ore space are  improving. Clearly, mining entities (Bloom Lake etc) are developing and moving toward production. Clearly Alderon is caught between  liquidity and growth dynamics which, in my opinion, will result in continued lethargy regarding investment in Alderon's property. Maybe an entity will buy it, but that, in my opinion will be the best we can expect from this asset. It's a great asset. just not a marketable asset. It will never be built under the current market and management regime. I agree will some other blogger here who said  something about 3 to 10 years before we will here anything meaningful from Alderon.