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Adex Mining Inc V.ADE

Alternate Symbol(s):  ADXDF

Adex Mining Inc. is a Canadian junior mining company. The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The Company holds 100% of the subsurface mineral rights to approximately 1,600 hectares encompassing the Mount Pleasant mine area of New Brunswick, Canada approximately 60 km south of Fredericton approximately 100 km northwest of deep seaport facilities located at Saint John. The Company, through its subsidiary, Adex Minerals Corp., holds claims under Prospecting License 14338. Within the mineral rights area, the Company owns approximately 405 hectares of land. Also, within the mineral rights area there are two distinct poly-metallic mineral deposits, the Fire Tower Zone (FTZ) and the North Zone (NZ). The principal metals include tungsten and molybdenum in the FTZ and tin, indium and zinc in the NZ.


TSXV:ADE - Post by User

Bullboard Posts
Comment by investpro2on Feb 15, 2011 8:12pm
388 Views
Post# 18140119

Tin market climbing new highs daily its only time.

Tin market climbing new highs daily its only time.TIN: Tin is regularly setting new record prices close to $31,000/t thus far this year. With no new mine supply on the horizon and the demand side well supported by robust Chinese growth, "this is a low risk supposition in terms of market expectations," said the analysts. "While there is enough inventory to buffer the effect of the projected 2011 deficit, after that point, it is clear that the price signal will have to rise high enough to ration demand as otherwise stocks will fall close to depletion."

https://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=120591&sn=Detail&pid=102055
Bullboard Posts