Advanced Explorations Inc. ADEXF

RE: Question

[hundredvanities1]

There are a lot of idiotic microplays. AXI will spin a few more out onto the venture exchange later this year. How many of the junior exploration companies currently listed on the venture exchange will find an economic mine and put it into production? One in a hundred? Roche Bay doesn't look like it's a good bet to become an economic mine. That's just my opinion. 

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Since you brought it up--ADV has graduated to the big board of the TSX and it is now listed on the New York Stock Exchange. ADV has raised over 40% of its projected capex from Hebei (2nd largest steelmaker on planet) and Liberty (investment arm of Fortune 100 corporation). The rest will be provided by project finance from a coalition of investment banks and institutions (which already cover the stock). It is going to become a mine. The rewards for investors come from a mine reaching production.