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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

Post by optomiston Jan 12, 2021 8:29am
248 Views
Post# 32274237

Alderon Iron

Alderon IronI feel like these guys walked away from this too easily... project ready to go, subject to financing of course, but a project that could probably find financing. Other companies survived the Covid pandemic so far using various tools provided under COVID Duress...... These guys seemed to just say oh well - that's it!  Walked away from infrastructure, mineral licences, EA approval, purchase agreement, agreements with local populations.... No mention of any type of fight or struggle to ride this out?? Seemed quick and final. Just surrendered claims... I dunno, who walks away from project like that? Champion
were interested obviously, was that not an option for Alderon, to provide high quality ore for them to use?


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