Why is AXI developing a potential mine with 500 million tons iron ore an issue.....when Consolidated Thompson [CLM] entered into their construction phase with only 578 million tons, but eventually grew to 826 million tons at time of initial production??
Why is AXI expected to prove billions of tons of iron ore......when CLM was allowed to focus on their initial mine operation with under 1 billion tons??
Why is AXI's Roche Bay grade of 26% Fe an issue......when CLM was bought out for $4.9 billion with a grade of 29.35%??
Why is AXI expected to use a cut-off grade of 25%.......when CLM was using a 15% cut-off??
Why is AXI's "contained" iron ore resource of 130 million tons an issue.......when CLM was able to prove a 41 year mine life with only 242 million tons of "contained" iron ore??
Why is AXI's proposed 67% concentrate production an issue........when CLM was and continues to produce a 66% concentrate, from a grade below 30%??
Why is AXI expected to fail due to northern climates........when Baffinland Iron is expected to start their construction phase next year futher north??
Why is AXI expected to fail with zero rail requirements........when CLM and Baffinland both have 150 - 400 kms of land shipping, before arriving at sea??
Why should AXI compare themselves with other Canadian iron ore Juniors without Feasibility Studies, or without take-off agreements, or without secured construction financing, or without enviormental studies and permitting??