Advanced Explorations Inc. ADEXF

Definition of a Downtrend

[HVAN1]

A series of lower lows and lower highs. No stock goes straight down. The last little blip in late July the price ran from 20 cents to 32 cents. This blip runs from 14 cents to 21 cents. The downtrend is unbroken. The stock price should nose back down to 14 cents next week. Anybody not selling now is making a mistake.

*

The only actual XinXing news related to AXI: XinXing's decided to invest $10 million searching for iron ore in the heart of the Labrador Trough. XinXing was obviously not impressed by the results of Roche Bay's feasibility study. And why should they invest in a project with the lowest NPV of any iron ore project on the planet?

*

If XinXing liked the Roche Bay project wouldn't they have given that $10 million to AXI? AXI only has $3.2 million in working capital and doesn't have the cash for a drill program to expand the C-zone resource, or to hire environmental consultants to begin the permitting process with the Nunavut Impact Review Board. The Roche Bay project is stuck in the mud because XinXing won't invest another dime in it.

[HVAN1]

The companies you mention have cash to do things like buy back stock, develop their mine, complete environmental permitting, etc. AXI does not.  * I will congratulate you all if AXI continues on to new heights and erases some of your losses but that's not going to happen. The momentum traders jump off just as quickly as they jumped on. AXI will end the year close to 10 cents.

[stocksports]

Every board has his clown. Respect Tracker, that you are trying to convince these people. Their intentions are obvious. Trying to mix information, creating their own reality and misleading unexperienced investors. On the German BB it is the same. But their is one important difference. The german clown has good intentions, but no idea what is really going on. His role will be limited in making

[rpdeluca]

Well said stocksports. My advice to everyone...ignore HVAN.  It's actually comical how he quickly runs onto this board to deflate any optimism.  Why would anyone care so much to come on this board on a consistent basis to bash this stock.  Very simple...he's a PAID BASHER who works out of the US.  I guess he doesn't realize that with today's computer hackers and