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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
Comment by ElanS2on Aug 11, 2015 6:42pm
208 Views
Post# 24008848

RE:If this is true of IOC, how can Alderon stand a chance?

RE:If this is true of IOC, how can Alderon stand a chance?Alderon has many more obtacles than IOC, starting in the mine with manganese.
Their mine plan shows two active faces so that they can blend down the Mn in the product.
A complication to start with that, as stated by an analyst from CIBC about 5 years ago, "the engineers will handle that, no problem there". BS from an analyst whose employer was trying to get business from Alderon.
AXX: to be avoided at any price.
Bullboard Posts