Advanced Explorations Inc. ADEXF

Really Funny

[rpdeluca]

Funny how someone on this board tells us that he doesn't own any shares of ADV, yet he is still posting on the ADV board.  Here is some interesting dialogue from this individual....

Individual that posted on ADV board:

I've already admitted ADV, if it reaches production, may only be worth $2.3 billion, as opposed to the $8 billion to $10 billion that Arcelor's Canadian operations are worth. This accounts for the larger total reserves, railway, etc.

I think it's fair to compare Kami to Mont Wright and Bloom Lake.

RPDs comments;

So KAMI can be compared to Bloom Lake.  Here is the latest report from Cliffs on their overall operations in Eastern Canada.  Note the reference to Bloom Lake.   ADV is suggesting that they will somehow come in under $50 per tonne on a cost basis.

Cash cost per ton in Eastern Canadian Iron Ore was $106.06, up 21% from $87.37 in the year-ago quarter. The increase reflected higher cash costs at Wabush Mine of $132 per ton, up 25% from the prior year's comparable quarter, due to higher labor costs and increased spending related to maintenance and repairs. Additionally, third-quarter 2012 cash costs at Bloom Lake Mine were $88 per ton, up 18% from the year-ago quarter, primarily driven by higher fuel, contract labor, and maintenance and supply costs. Cliffs indicated Bloom Lake Mine's cash costs per ton have improved over second-quarter 2012 results primarily due to increased production throughput rates at the mine.

Individual that posted on ADV board:

Yeah, Cliffs is getting slaughtered. They are screwing up at Bloom Lake.

Fortunately, ADV has Tayfun Eldem, who ran the very profitable operations at IOC, as its CEO. He has the experience to keep costs under control.When it is released, will be happy to compare Kami's feasibility study numbers with any other iron ore project in Canada.

RPDs comments:

Yes Tayfun Eldmem is so brilliant that he is going to be able to somehow contol all the costs in the Labradour Trough.  Very simple.  And this coming from someone who has no interest or shares in ADV..

[HVAN1]

ADV's stock price doesn't affect the development of their mine. Do you know why? Because they've got $50 million in the bank, and another $120 million coming from Hebei after the feasibility study results are announced. They don't need to raise money. * Facts: AXI was dead broke in June. They raised $2.6 million since then. They ran a drilling program at Tuktu 2, thus most of that

[zedman4]

Like i said before; the float is getting up there; even thoughI hate roll backs; a reverse split of 10 old shares for 1 new is most likely tthe way this is going to pan out. I am losing faith in the zingers and whoppers regarding the deal that should of been comfirmed by now. Hats off to the Behrhunter for predicting the new low. Should of paid more attention to him when he predicted .05; back

[HVAN1]

ADV's going to become a mine. They start construction late next year. That's why I advise not selling. * Roche Bay, of course, will never become a mine. A long list of groups have tried to bring it into existence, AXI is just the latest suspect. These poor quality deposits were discovered in 1968.

[Brazzo]

"Roche Bay, of course, will never become a mine." Never say "never".  Compare it to the oil sand deposits in Kanada. A long time it was not profitable to extract this oil. In the meantime it is.