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Bullboard - Stock Discussion Forum Advanced Explorations Inc. ADEXF

"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."

GREY:ADEXF - Post Discussion

Advanced Explorations Inc. > New Kid on the block.............
View:
Post by zedman4 on Mar 18, 2012 7:25pm

New Kid on the block.............

West Melville Metals Vancouver based was recently

formed specifically for the Fraser Bay Iron Ore project.

They will be conducting drilling somewhere on Inuit

owned land which they have rights to explore on

1,306 hectores. The average grade of iron ore is expect-

ed to be in the 30-35% range.

The were in Hall Beach last week on a "show and tell"

promotion.

Comment by white_charvel on Mar 18, 2012 8:10pm
How xoes this affect AXI? Does this bring good exposure to AXI.
Comment by zedman4 on Mar 18, 2012 9:07pm
With more mines there is the possibility of sharing costs in the future; ie; more demand like say for transportation infrastructure roads, railways, bridges, power source, etc; the  more likely the Feds, will kick in a fairly large portion of the funding to get the various projects up and running...
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