RE: RE: 52-week Low Fortunately I don't own any shares of ADV or any pure iron ore play. That turned out to be the correct move. Altius, as holder of the royalty on ADV's project, will make plenty of profits even if the project is marginal.
*
You guys need to smarten up with your investments. Royalty companies like Royal Gold, streamers like Silver Wheaton and Sandstorm, and prospect generators like Altius are the safer and more profitable play.
*
Rookie resource investor mistakes that you've made with AXI.
1) Bad jurisdiction: only 1 mine in all of Nunavut
2) Bad management: even die-hard AXI longs are now admitting disastisfaction with Gingerich and co
3) Stubbornness in the face of reality. Why are most of you invested in AXI? Because XinXing, in July 2010, said it was going to invest up to a $1 billion in Roche Bay, and the stock price ran to $1. When AXI management failed to close the JV agreement in 2011 you should have sold then.