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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

Comment by willyk3on Mar 29, 2020 6:16pm
153 Views
Post# 30858224

RE:If Alderon defaults on 3/31...

RE:If Alderon defaults on 3/31...They will certainly try to get their twenty mil back one way or another.  I guess that leaves altius or hebby to either pony up or arrange some other deal..  Altius seems to have the most to lose so I would assume they are quietly working the deal brokers..  I dont know-I thought this was a great project-but at this point we as common shareholders are about to suffer the ignomius defeat of massive dilution.....on the other hand ..maybe altius could swing some of that fairfax money...or maybe convince lab iron or champion to come aboard.....
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