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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 behrhunter on Apr 08, 2013 12:20am

scenarios

Well, it is late at night, and trying to prepare for the market in the morning..

so a couple of general questions if anyone has any information.

1. What is the planned exploration program for this season?  It is April, and we have not even seen a mention of exploration anywhere. Are they not going to do any more drilling

2. What other things are happening in terms of permitting, envirorment, community approvals?

It seems that the company is pretty much on hold right now. The NRs are really providing nothing of substance.  and money seems to be generally tight in this sector.

What are the Chinese JV partners up to?

Anyone have some factual answers I would like to read them.  This is starting to look like a lotto ticket buy.

Comment by want2retiresoon on Apr 08, 2013 2:45am
LNG in Canada is a hot buy now for the Asian companies. I would think that axi is a buy now as it is at 8/9 cents. I bought back in last week. Too greedy maybe, but axi is worth more than this. I rode this from 16c to a dollar before. It could happen again.  Cheers to venman and rpdeluca  a for sticking here.  
Comment by zedman4 on Apr 08, 2013 2:59pm
"....the company is pretty much on hold right now..." most certainly due to a lack funds..; Since the Zing- gers are not likely to come through with their end of the bargain; the only way that AXI can stay afloat is to issue a PP; but not at this sp. So consolidation is very possibly in cards........
Comment by VENMan on Apr 09, 2013 6:37pm
want2retiresoon, thanks and cheers to you as well. I hope you ride this from 9 cents to 90 cents this time round. you never know.
Comment by want2retiresoon on Apr 10, 2013 12:39am
Haha thanks, but realistically I will try to see 30c. This sp is too low for the asset.