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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

Post by behrhunteron Jul 31, 2012 12:18pm
240 Views
Post# 20169292

here is hoping

here is hoping

It seems to me , if IRC, that there is the little matter of the debenture conversion for the chinese to discuss.

They hold a debt instrument worth a few million.. Maybe they want to renegotiate for conversion at .15...just saying.  There is also the matter of , what, $20 million once the DFS is released, and the issue of how to rid the company of RocheBay  as a partner.

The sense I get from the news release is that the DFS is going to show concerns about the energy costs of producing a concentrate, so there is going to be talk of doing a sort of pilot feasability study project.

Just guessing.  There was a little more actually, in this news release, than I liked to see.

Only another week until we maybe get some hard answers...

 

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