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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 hundredvanities1on May 02, 2012 8:59am
133 Views
Post# 19860418

RE: RE: Feasibility Study "Fast Tracking"

RE: RE: Feasibility Study "Fast Tracking"

Such naivete! That's the strategy. If AXI doesn't have the funding or ability to deliver a feasibility study on time it gives the excuse that it's changing the production goals: from nuggets to concentrate, from 1 MTA to 5 MTA, from 5MTA to 20 MTA, etc. The excuses are endless but the press releases I've quoted show an obvious trend.

*

When the next delay is announced the production goal could be 50 million tonnes per year of pellet production. Who knows with these clowns. 

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