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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 rpdelucaon May 16, 2013 9:33am
185 Views
Post# 21402285

Project

Project

I try to stay away from these boards as much as possilbe these days.  It's just much better and really I find myself just wasting valuable time.  For those of you that proclaim the deal is dead, if this was the case it would have been released to the market. It is material information and no company can hold this back.  The company is working on finalizing a plan based on numerous variables that need to come toegher. There is no use in releasing little bits of information here and there.  It does nothing for the credibility of the company.  The market wants to see a final plan that is going to be executed.  If that means RB and Tuktu are no part of the entire equation, or DSO will be part of the equation, etc etc...  Look at a company like Alderon who received their whopping payment from the Chinese several months ago.  Where are they trading today.   

In my opinion, you are not going to get a better property out there where you control your port, you have no worries about rail capacity and have more iron ore to yourself than you'll ever need.  The Chinese, like you and I, have read all the information and news coming out of the LT in regards to the gov't, lack of rail, lack of capacity, escalating costs, etc etc.  If they are blind to the eye in regards to all this, then we've all been taken for a loop on this one.  If all the benefits of RB do not outweigh the concerns re: the LT, then I'm left scratching my head like the rest of you.

 

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