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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 04, 2012 11:35am
214 Views
Post# 19871653

RE: RE: how about this.

RE: RE: how about this.

The presentation for ANIK calls it an "investment opportunity." An investment opportunity with a $8 million to $12.5 million budget. See for yourselves on page 31:

https://www.nunavutminingsymposium.ca/wp-content/uploads/2012/04/1-Roebuck-Advanced-Exploration-Inc.pdf

If AXI has an investor who's going to investment $8 million to $12.5 million lined up then I take back everything bad I've said about them.

*

But the reality is: there is no investor and there's certainly no $8 million to $12.5 million flowing towards AXI. It's a fantasy. AXI management doesn't have enough money to run exploration programs at ANIK, they're just trying to stir up some interest with these press releases.

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