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Alderon Iron Ore Corp AXXDF

Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.


GREY:AXXDF - Post by User

Bullboard Posts
Comment by Canadamooseon Nov 02, 2012 11:01am
187 Views
Post# 20554757

RE: RE: RE: RE: RE: RE: RE: RE: RE: Short position

RE: RE: RE: RE: RE: RE: RE: RE: RE: Short position

There may be suggestions to panic. The bottom line remains:  Will the Chinese back out if Alderon/ Kami is the project it has been represented to be in terms of geology and logistics?   No credible presentation has cast doubt on the basics of the project.   It  is not  in the Chinese National Interest to have a Chinese company back out.  The Chinese do not know how long it will take them to subvert Africa or Afghanistan to appropriate all the  minerals they require on their own terms. Canada is safe with tremendous mineral resources.   If the Chinese stay in, the project will be completed.  The Chinese may screw the company over, if there is a window for re negotiation, but even that may carry risk to the Chinese Image in Canada.   Suppose the Chinese want to participate in  Julienne Lake.   How would a track record that includes screwing over Alderon look?   Why would the Chinese want to participate in Julienne Lake?   Because in this iron ore economic environment a long term investor with unlimited capacity to play smart and execute should be very favorably positioned to make a move. :)

 Canada Moose

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