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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. > officially out
View:
Post by derekpapa on Aug 10, 2012 12:34pm

officially out

Well guys I am officially out, good luck to those who are going to stay.  I lost a truck load I had 300 000 shares, sold half yesterday and the rest today for a  $70K shellacking.  Thanks to the great management

derekpapa

Comment by Kadillac on Aug 10, 2012 12:42pm
This is a tough market.  I think initial reaction is high capital cost to build.  Once XinXing commits, then the stock will rebound and that is what is required now.
Comment by NorseBH on Aug 10, 2012 1:20pm
A bit of a stretch at this point...but lest we forget all the strong mag anomalies near Tuktu. There is still a lot of potential in the surrounding areas to perhaps double the resource. Definitely wishing I sold some yesterday but I'll average down a little today.
Comment by rpdeluca on Aug 10, 2012 1:27pm
I think it is safe to say that we are all disapppointed in the numbers...but rememeber this is a true final FS and the project as defined in the FS is not optimized.  What do I mean by optimized.  Remember the goal is to get to 8-10 million tonnes, the concentrate is 69% (as press released but could not be used in the FS) and not 66% and the FS assumes arctic diesel (ultimate goal is to ...more  
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