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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

Comment by VENManon Mar 10, 2013 10:01pm
92 Views
Post# 21108939

RE: RE: RE: RE: RE: RE: RE: Its still about the re

RE: RE: RE: RE: RE: RE: RE: Its still about the re

To address your points more specifically, no more money was given after March 2012 for Roche Bay because no more money was needed after completing a feasibility study. The $5 million that went into drilling Tuktu 2 and those drill results are what the ICBC will probably use to show an increase in reserves and build a case for an optimized feasibility study, which will come in if all goes well pretty much like the feasibility study that ADV has going for it.  I can also see ALS buying shares of AXI at this time or perhaps soon after the optimized feasibility study comes out for AXI.

 

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