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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 8:17pm
259 Views
Post# 31911747

RE:RE:RE:Maybe

RE:RE:RE:MaybeBrian Dalton said: "In addition to achieving a recovery on our loan principal and benefitting from our significant equity interest in Alderon, we are excited about the renewed possibility for development of the Kami project and the implications of that relative to our fully preserved royalty interest.”     

So I guess since Altius stands to benefit from their equity holdings, all equity holders will benefit. Altius bottom line was just a share holder like everyone else, the royalty not withstanding
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