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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
Post by ElanS2on Jun 25, 2013 4:54am
184 Views
Post# 21570766

Agreement with Innuit and the Innu too ?

Agreement with Innuit and the Innu too ?An agreement with the Innuit is all well and good, but do they have one with the Innu as well ?
How much $ do these agreeements cost ? CLM's agreeement with the Innu cost them $5,000,000 on signing and then per year for the life of the mine. The Innu have no agreeements with IOC so they are sueing IOC for $900,000,000 for the past 60 years of no agreement. The 9 followed by 8 zeros is not a typo. Thats what they are sueing for. The local Innu are made up of at least 4 groups on different reserves, in central Labrador and the Quebec North Shore, that have a hard time on agreeing on things between themselves.
Bullboard Posts