Advanced Explorations Inc. ADEXF

RE: rpdeluca

[rpdeluca]

Hello maplak..

Yes still holding a very small position.  The release does not surprise me and if you do some research, the big opportunity right now is potash, especially in South America.  The company still has a relatively small float and the majority of the shares are held by insiders.  Eran is a very smart individual and he's making the right decision focusing on potash.  I never really liked the iron ore play...they will have to raise money soon but like I said, their float is small so a financing will not hurt them in the short term....