Advanced Explorations Inc. ADEXF

Fair evaluation

[sparky61]

    If Baffinland was offered
.80 and has since run up to $1.06, then our project at Roche Bay should have the same evaluation. That would give us a per share value of $2.45.  BIM has 343 mil. shares out, we now have 112, give or take. Their project may be bigger and higher grade; but infrastructure costs are enormous for BIM. We have an economic study done. The DFS will be done asap, and with offshore plant construction, we can be producing low cost high grade , cheap to ship iron nuggets by early 2012. In the meantime, we have the Alaskan iron sands to develop, jv, sell; a new spin out company free to shareholders with $1,000 a ton precious metals to benefit from. Not to mention new acquisitions that John may be working on at this time. I love what management has done for us.
  Thanks John and team, Sparky.