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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

Comment by Greenandgold.on Feb 21, 2012 1:03pm
270 Views
Post# 19561846

RE: G&G, re: Draft Report....

RE: G&G, re: Draft Report....

Gingerich created the expectation: he said that Wardrop would deliver a draft DFS to AXI in Q4 2011. Did this happen? I doubt it. I believe AXI would press release the arrival of their lunch, therefore they would press release the arrival of the draft, and announce that a final study would be delivered shortly.

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If Wardrop is not getting paid (and I don't know how that's possible with AXI being dead broke) why would they continue to work on the study? Those are $5 million studies! Everything's on hold until the debenture closes, and Wardrop gets some cash.

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