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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 jalaspenon Jan 23, 2015 8:37am
268 Views
Post# 23354949

Australia winning China market share................article

Australia winning China market share................articleI can't imagine any group taking a position in Alderon at this time.  Only my contrarian stance (and belief in Altius) keeps me in this play. Putting that aside there is no reasonable argument to continue with Alderon.

From Bloomberg, Jan 23, 2015, 03:27:02

Iron ore exporters from Australia are winning the battle for market share in China, boosting cargoes to the largest buyer and squeezing higher-cost producers as prices decline to the lowest level since 2009.

To read the entire article, go to https://bloom.bg/1uoDSML

Bullboard Posts