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Advanced Explorations Inc. ADEXF

"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Bullboard Posts
Post by jsetton Dec 21, 2010 7:23pm
508 Views
Post# 17879323

Comparison

Comparison
Lets just do a little comparison of some of the Iron ore. 

ADVANCED EXPLORATIONS INC  .80      Book Value/Share 0.44 
Just a spec stock just under 1x no earnings, but bright future.

BAFFINLAND IRON MINES CORPORATION  $1.33       Book Value/Share 0.66
just a spec stock just over 1x no earnings, but 4 billion of infrastructure to be placed.

ALDERON RESOURCES CORP $3.12     Book Value/Share  0.59
Just a spec stock just over 5x  book value and no earnings.

LABRADOR IRON MINES HOLDINGS LIMITED $10.98    Book Value/Share  4.01
just under 3x book value but no earnings yet. Should take off when they sell there first pile or Ore.

CONSOLIDATED THOMPSON IRON MINES LTD  $13.19     Book Value/Share 3.76
Just over 3x of book value and selling Iron ore this should keep going up.

LABRADOR IRON ORE ROYALTY CORP $66.35      Book Value/Share  14.05
just over 4x book value and making a tonnage of money. 

This is just to see where we are heading as to compare book value to share price
if there is any indication where this is going we just need to look at the next 3 in front of us
to see where we are heading and the last 2 as to where we are going.

IMHO 

Marry Xmass to you all.
Bullboard Posts