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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

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Post by goldvanities1 on Mar 11, 2013 2:54pm

Enough

Unfortunately the censors are deleting perfectly innocuous posts about the 6% Roche Bay plc royalty, and related matters, so I will leave you to yourselves.

Will check back in once the private placement is announced later this month.
Comment by Tepin on Mar 12, 2013 8:56am
SH deletes your post about the royalities because they are wrong. I can assure you that Roche Bay plc does not own Tuktu and does not get any royalities from Tuktu. Try to show me a proof that they get royalities from Tuktu. Good luck. You won't find any !
Comment by goldvanities1 on Mar 12, 2013 9:17am
https://www.rochebay.com/RocheBay_TotalField_r3.pdf * The area of mutual interest between AXI and Roche Bay plc clearly includes Roche Bay C-Zone, all other Roche Bay zones, Tuktu 1 and Tuktu 2. The royalty payments apply to any properties AXI develops within the area of mutual interest. * If you don't believe me, then write AXI management and find out from them. Give me proof that there's ...more  
Comment by goldvanities1 on Mar 12, 2013 9:40am
https://www.rochebay.gi/RB_Annual_Report_2011_v22.pdf The Roche Bay plc annual report makes the royalty situation absolutely clear:   "In 2007 Roche Bay plc signed a joint venture agreement with Advanced Explorations Inc. (AXI) to develop the Eastern properties. The agreement covers Roche Bay’s leases near Roche Bay harbour and additional land within an Area of Mutual Interest, including ...more  
Comment by Shlinker_ on Mar 12, 2013 9:51am
The thing is goldvanities, theres nothing wrong with what your saying. Sure 6% isnt the standard 4%, but who cares. The mine, when developed, is still profitable. XDIP is the buyer of thier own IRON ORE - how is that not profitable? Stop bringing up the royalty...youre digging so deep and reaching for things that are slightly abnormal compared to other companies/deals. Your trying WAY to hard to ...more  
Comment by goldvanities1 on Mar 12, 2013 10:00am
Tepin asserted the 6% royalty didn't apply to Tuktu. I've provided the facts to prove that assertion dead wrong. That is all.
Comment by Shlinker_ on Mar 12, 2013 10:13am
Your threatened by the investors in AXI stock. Its strange to me.
Comment by Thinkdifferent on Mar 12, 2013 10:17am
Oh oh, Tepin. From the german board:   Tepin schrieb am 12.04.11 12:36:59 Beitrag Nr.11907  (41.353.917)   Antwort Zitat Antwort auf Beitrag Nr.: 41.353.624 von laga am 12.04.11 11:58:42Genau das hat mich so verwundert, dass Tuktu im Zusammenhang mit der RB Buyout option genannt ...more  
Comment by Tepin on Mar 12, 2013 11:27am
I was wrong in my assumption that Tuktu doesn't belong to the royality agreement with Roche Bay plc. The only source for this info is the financial statement 2011 from Roche Bay plc. I missed that document. I checked the financial statement from 2012 and there you don't find the info. Again I am sorry for this misleading information.
Comment by rpdeluca on Mar 12, 2013 11:37am
...and I suppose you have never been wrong.  Give yourself a big fat hug... Have you read up on the royalties that existing mining companies are paying in Quebec today and the fact that the existing gov't want to actually increase those royalites.   It's very common and no big deal in the grand scheme of things..
Comment by rpdeluca on Mar 12, 2013 11:40am
Tepin the big moron actually said that he was going to leave the board for a while and was back in less than 24 hours.  No need to apologize but at least you were man enough to say that you were incorrect.  More than we can say about the man who lives in a basement....
Comment by goldvanities1 on Mar 12, 2013 11:42am
Apology accepted.  Blame AXI management for the confusion. They talk a lot about a partnership for which there isn't a signed JV deal, but reveal very little about their actual joint venture partner, Roche Bay plc. AXI's responsibilities under the existing joint venture agreement are serious. $1 million advance royalty payments to Roche Bay plc begin this December.
Comment by Shlinker_ on Mar 12, 2013 12:32pm
But goldvanities, have you seen the yearly earnings XDIP creates? ITS UNREAL!! Was over 1 billion dollars annually wasnt it? too me, the 1 million is peanuts. XDIP will pick up the bill on that, and provide a small tip.
Comment by VENMan on Mar 12, 2013 1:22pm
GV T.CLF closed a iron mine in Quebec, yesterday you should pay attention to that with such a love for that area.  I also thought there was no royalty to RB on Tuktu, its no big deal, and for $35 million the royalty is reduced to 3% which is normal for a operating mine to pay. The big picture is that the project move forward. When markets are bullish everyone things all junior minors will get ...more  
Comment by VENMan on Mar 12, 2013 2:20pm
I see value in being the first!  The first big mac, The first bottle of Coke! In our case the first to mine in tha area of the north! It brings value that other who come after us won't have.  That's also a reality ! 
Comment by stocksports on Mar 12, 2013 2:21pm
Who lives in the past missed the future.... A perfect storm is already over the LT. Accelerating OPEX, rail capacity issues, probably a declining ore price....not a tasty cocktail. Altius should focus on companies which are doing their homework. AXI is doing this job obviously since a couple of months. MOUs for LNG and port facilities already in place. Now you should study the current corporate ...more  
Comment by stocksports on Mar 12, 2013 3:02pm
Fair enough. But I guess times are a changing. I prefer companies which from external view seems to be very slow and not able to execute. The share price is reflecting this.They have to close the JV, that is for sure. But doing some DD and putting piece by piece together you will see that this company is on the right track.  You should listen to some interviews John did 2-3 years ago. You ...more  
Comment by stocksports on Mar 12, 2013 3:31pm
Nice try. But you started research, but you didn`t do your homework. John did and the story unfolds more and more. Pellet plant? Ask CLM at Point-Noire if this makes really sense. I am happy that he cancelled this plan in early stage and focus on concentrate production. Seems that the biggest and most experienced player in Northern shipping is convinced of his plans as well. And the Goverment is ...more  
Comment by stocksports on Mar 12, 2013 3:52pm
It is like the good, the bad and the ugly...
Comment by rpdeluca on Mar 12, 2013 4:07pm
Hey golden boy: wondering if you could answer this question or a couple of them. Were you beaten up as a little boy growing up?  Were you picked on?  Did AXI management do something to really upset you?  Imagine that you came on this board and told all of us what a big big house you live in and all the money you've made yet you want to waste your time with little tiny investors ...more  
Comment by rpdeluca on Mar 12, 2013 5:39pm
Getting beaten up by another kid is not child abuse.  Very different definition and I would never wish that upon any child...not even you.  Secondly, if you are right and have claiimed victory, then congrats and move on.  You've won and you have nothing else to prove.  Right?  Why waste your time here.  You've proven to be the genius.  Are you waiting for ...more  
Comment by Shlinker_ on Mar 12, 2013 10:18pm
AEI knows who goldvanities is. FYI. The wont say, but they have suspicions.