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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
Comment by bman450on Nov 13, 2011 12:34pm
205 Views
Post# 19233452

RE: RE: No Offense

RE: RE: No Offense You make a fair enough argument RP, and i always do enjoy reading your posts. You are correct when you say that pretty much all junior miners have been slaughtered over the same time that axi's sp had plummeted, the markets in general have been very shaky this year. NML did drop from a high of almost 5$,  ADI and CHM's JV deals have been pushed back, and i actually also got out of CEV earlier this year at a small loss right before their stock price almost completelly collapsed and dropped sub cash levels. That being said, the financial situation has created a number of great buying opportunities and as i have said in my previous post i believe there is more going on in the Lab trough in the short and long term. If the timeline hold's NML will be mining DSO by next year and getting that show on the road, and while its true that ADI and CHM have not signed their deals yet, neither has AXI and one could make the same arument that XingXing has gotten cold feet. And in CEV's case they have had nothing but positive drill results, DSO results pending, top notch management, they currently own 100% of their reserve unlike their neighbours (with the exception of ADV) and have a market cap 1/7 the size of anyone else in the Lab trough and half that of that of AXI. I still check these boards as i havent totally turned my back on AXI and the posibility of me jumping back onboard isn't out of the question. However since i have been a bit out of the loop as far as AXI's developments over the last 6 months, maybe someone on this board can educate me a bit. Is there a near term catalyst that can move this stock northbound? I know Macmurray has done some brilliant comparisons between AXI and some of its competitors in the past but havent seen him around much these days. For the record I can assure you I have no alterior motive for posting here, I have family and friends still invested in AXI and hope for nothing but the best for its investors. GL trading and looking forward to any feedback., tnx

Bman
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