Advanced Explorations Inc. ADEXF

RE: RE: Darker Possibility

[fortunelion18]

Ok, I'll add more at your request. All summer I brought up the numerous and obvious problems with AXI's project (no power source, ice-clogged shipping lanes, Nunavut opex and capex 4X higher than in South, equipment crunching cold, etc) and all I've heard from this board is: Wait until the feasibility study comes out, it will answer all questions.

*

Now that the feasibility study is delayed for an indefinite period, I wonder how difficult it's been for Wardrop to address the project's numerous and obvious problems. A feasibility study being delayed is a very bad sign for most mining projects. Delays happen because the numbers don't work out right or technical problems become unsolvable.

*

The project expansion is a smokescreen for larger problems.