Advanced Explorations Inc. ADEXF

RE: RE: RE: RE: Re: Bullish

[zedman4]

I do not need to talk to John since I can see that he
has backed himself into a corner with only the
Chinese offer on the table; so far.

The reason why I'm on this board is because AEI
has a very valuable property. The problem is that
China is not willing to pay even a fraction of what
the Roche Bay claims are worth

Rather AEI should be looking for a North America
or even a European backer/ joint partner ( which is
only a week's sailing at the most from the Foxe's Basin) 

John should be knocking on the doors of Pittsburg or
Germany's blast furnaces, instead of  trying to cut a
deal with the Chinese.
Hopefully these are the other interested parties waiting in
the wings, of which he has made reference to.

Until a deal is actually signed with the Chinese,
I shall contiue to hope that some one else will come to
the table and make a counter offer.
As I said before the property is very valuable.
I know this for a fact since I measured on site ,miles of
drill core from the C ore body and know for a fact that
the magnetite is there; in the billions of tons.

It's much too valuable of a property to let 19% of the
shares go for a mere 3.5 million dollars.

Further more, John does not have to worry about the
claims lapsing any time soon since the amount of work
done to date will hold them in good standing with the
Mining Recorder for many years to come. 
The Chinese know this and keeping this property on ice
or back burner for the next 20 years or so is no sweat to
them.

As I have said before if the Chinese sense that AEI is in
financial difficulties and in need of ready cash; hence their
low ball  bid  for 19% of the company is a steal.