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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 zone1on Aug 22, 2014 9:55am
306 Views
Post# 22868567

Can Financing be Done at no Cost?

Can Financing be Done at no Cost?We all know the answer to this!  By the time this project is fully funded the current share holders will be wondering what happened to their money. Much further dillution or a complete give away of the company will be needed to get the funding required. This stock value, once or if funding comes through, will probably be in the same range as LIM; 10 cents! Who wants to wait another year ot two to see if this can get funded and at what cost!  Good luck to the longs; you will need it!
Bullboard Posts