Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by stanleyon Feb 22, 2013 7:53am
172 Views
Post# 21027285

RE: Interesting Discussion(s) - ADEX Update

RE: Interesting Discussion(s) - ADEX Update

M139:

RE:"You don't need a COO to finish the DFS do you?

[S] agreed

 

RE" Not even sure Great Harvest is still going to be interested after all this time of nothing happening."

[S] Being a recent visitor/poster can you elaborate on this (Great Harvest) option? With the downturn in commodities many potential investors have adopted a wait and see stance.

 

RE"I guess we will see if they get the updated water plan completed by the end of March."

[S] From the update sounds like they were seriously working towards the provincial target date of March 31.

 

RE:"There was also some mention of possibly using a rights plan to raise some of the funds."

[S] Would the long suffering shareholders be inclined to ante up more money unless they could see some tangible upside coming in the not to distant future?

 

RE"I suppose that could be appealing if we actually saw something happening here, a news release at this juncture sure would be helpful."

[S] Agreed that a news release would be helpful wrt meeting the March 31 delivery date. e.g. Who is working on it and if an extension has been applied for. Having worked for a company that submitted applications (re C of A's) to the NB-MOE, extensions are granted if the MOE can see tangible progress towards meeting deadlines.

 

Stanley


 

Bullboard Posts