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Adex Mining Inc V.ADE

Alternate Symbol(s):  ADXDF

Adex Mining Inc. is a Canadian junior mining company. The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The Company holds 100% of the subsurface mineral rights to approximately 1,600 hectares encompassing the Mount Pleasant mine area of New Brunswick, Canada approximately 60 km south of Fredericton approximately 100 km northwest of deep seaport facilities located at Saint John. The Company, through its subsidiary, Adex Minerals Corp., holds claims under Prospecting License 14338. Within the mineral rights area, the Company owns approximately 405 hectares of land. Also, within the mineral rights area there are two distinct poly-metallic mineral deposits, the Fire Tower Zone (FTZ) and the North Zone (NZ). The principal metals include tungsten and molybdenum in the FTZ and tin, indium and zinc in the NZ.


TSXV:ADE - Post by User

Bullboard Posts
Post by 123con Jul 10, 2012 7:34pm
246 Views
Post# 20099986

Stock Price & Bullboard

Stock Price & Bullboard

It's really unfortunate, that with penny stocks trading at low volumes that negative posts so dramatically affect the price of the stock.   Look at the last few days.   Most of us believe in the ultimate value of this or we wouldn't be reading & commenting on this board. Yes, we have reservations about the speed, efficiency and cost effectiveness of the current "management" - if you can call it that, and board.   Even their fumbling attempts however should make this an incredible return, even if we have to wait 5 years for it.  That said, there's no way we should have to wait when there is so much to say that this can & should be into production quickly. It was after all, a proven working tungsten mine at one point & that alone would justify operations which would now have the added value of additional resources.  So, when we gripe, we have to ask, is someone using this to scoop some further bargain ?

Bottom line is that all us grippers know that the stock is worth a lot more than .06 and I for one would have scooped the over 400,000  shares available for that price today if I had the funds to down average my purchase price.   Even in the present circumstances the stock should be trading MUCH higher.

Bullboard Posts