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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 Shareholder
View:
Comment by HVAN1 on Feb 10, 2013 12:58pm
XinXing ows 14% of AXI's shares, and Matrix owns 2%. These are the only 2 institutions listed. What happened to the 8% of AXI shares owned by Shandong Fulun Steel? Did they sell out?
Comment by Oldguy on Feb 11, 2013 9:28am
HVAN: I would be interested to know the following: 1) How many AXI shares do you own? 2) Assuming you don't own any, what motivates you to post on this Board?  
Comment by HVAN1 on Feb 11, 2013 9:41am
My motivation for posting: being right. When AXI was trading above at 40 and 50 cents not too long ago it looked to me like it was worth much, much less. Marginal project in a horrific exploration district with chatty but ineffective management. Now that AXI's at 12 cents heading to a penny rapidly, it's fascinating to watch. * Don't believe that AXI can hunker down, run lean and ...more  
Comment by Oldguy on Feb 11, 2013 10:05am
Once again HVAN you failed to answer the questions posed: 1) How many shares of AXI do you own? 2) What motivates you to post on this Board?
Comment by HVAN1 on Feb 11, 2013 10:55am
Luckily for my accounts I don't own a share of AXI (or any other pure junior exploration play). How many shares of AXI do you own? What motivates you to destroy your brokerage account with obviously bad investments like AXI? The worst NPV and IRR of any major iron ore project on the planet. Undisputed fact. Management that hasn't delivered a joint venture agreement after 2.5 years ...more  
Comment by Oldguy on Feb 11, 2013 11:10am
HVAN: It is obvious you are either paid to write negative commentary on this Board or you are a complete idiot. STOP POSTING TO THIS BOARD. YOU DO NOT HAVE A VESTED INTEREST IN AXI.
Comment by Oldguy on Feb 11, 2013 11:10am
HVAN: It is obvious you are either paid to write negative commentary on this Board or you are a complete idiot. STOP POSTING TO THIS BOARD. YOU DO NOT HAVE A VESTED INTEREST IN AXI.
Comment by HVAN1 on Feb 11, 2013 11:18am
Signs of an inexperienced investor: fantasies about boiler rooms and paid bashers bringing down their genius stock pick; intolerance to a dissenting opinion. What's more likely? A) You've made a genius stock pick but nefarious forces have through sinister market activity have artificially depressed that stock's price. B) You didn't make a genius stock pick.
Comment by rpdeluca on Feb 11, 2013 1:11pm
Did you actually ever think that the company might have restricted disclouse on whether you can see their position or not.    For privacy, regulatory and gov't related purposes, they are most likely on the OBO list.Shandong actually owns about 14 million shares...do you think if they had cleared out their position they would not have maybe informed AXI about this and would AXI ...more  
Comment by HVAN1 on Feb 11, 2013 1:24pm
Shandong was listed as an institutional shareholder by Morningstar last year. Now they are not. Shandong is also not listed as an insider on SEDI (Xinxing is listed). Hmmm. * Would AXI management hold back material information? This is the same company that proclaimed they were fully funded to production. That wasn't a material misrepresentation? Remember that when you start considering ...more  
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