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Alderon Iron Ore Corp AXXDF

Metals & Mining Steel Industrial Metals & Minerals Steel
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

Alderon Iron Ore Corp > Champion
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Comment by willyk3on Mar 24, 2021 5:37pm
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Post# 32871846

RE:RE:Champion

RE:RE:ChampionNick...the way I understand it Champion is not buying your Alderon shares.  They have acquired the Kami project which was wholly owned by Alderon....thru the bankruptcy process.. 
Alderon is bankrupt and proceeding thru the courts....however ..it appears that the assets are greater than the creditors claims which means that there will be some money that will be distributed to the shareholders.

These things ordinarily take forever to go thru the courts but so far ..things have gone quite well

I would not expect much...but having said that the pink sheet price is fluctuating wildly ..sooo u never know

Good luck and cheers
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