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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 Feb 11, 2015 5:02pm
204 Views
Post# 23419784

Reading that the short term is bleak, mid to longer....?????

Reading that the short term is bleak, mid to longer....?????I can see no immediate turnaround and consequent funding for Alderon. How they organize the company for silent running is next. Hopefully, it will re-surface at some point......if the forecasts are accurate, it will be a year at least probably more than a year. It's good it hadn't started construction. I have to wonder if Alderon is even viable at this point..................
Bullboard Posts