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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

Post by willyk3on Mar 04, 2023 8:50am
320 Views
Post# 35319085

Got a response

Got a response from Deloitte.  The new court date for the distribution application is March 28.  So the distribution if all goes well will be sometime after that.  What does that mean...the wheels of justice grind  just like they did 1000 years ago and just as efficiently.  I expect by summer this will be over...except for the cringing whenever Alderon is mentioned. This shoulda been a winner...it will be for Champion

On another note..has anyone at all followed the sad story of Rambler mines in Newfoundland?  This was another Altius stillbirth. And another project that shoulda been a winner.  Just filed for bankruptcy, again , I think, a twenty year story of underfunding and shareholder dilution. This despite the fact that they recently announced some of the highest grades of copper ever reported for that deposit. Imagine...a copper mine with + 4 % grades that cant make a go of it.  NOT    It is, once again legallized theft of minority shareholder  interests...in this case on the  AIM..(London exchange) ...i guess they couldnt pull the same stunt in Canada again....maybe next time they will try Germany.    

Its a jungle out there ..for any junior miner speculaters
GLTA
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