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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 Birtchtreeon Nov 16, 2020 7:45pm
203 Views
Post# 31911648

RE:RE:Maybe

RE:RE:MaybeI knew that Someday I would hear from Someday 2 (too).  There is some equity holder distribution in the works, described by Champion and the Court Agent as a "substantial recovery".  Does that mean .10 on the dollar or .15. I declare I do not know. 

The Altius royalty is secure as far as a royalty on a non performing asset like Kami is secure. I mean: nothing from nothing is nothing. Even if you multiply it by a 1000, it is still nothing. We will never know until nothing becomes something, and in this business and under these circumstances who knows. Someday, nosthing will become something (we hope) But then I'm the dope. I'll never be made whole. Of course that has been the Kami story for the last 10 years. It'll be a while
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