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Alderon Iron Ore Corp AXXDF

Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.


GREY:AXXDF - Post by User

Post by willyk3on Jan 01, 2024 9:54am
160 Views
Post# 35806002

You gotta hand

You gotta handit to the folks at Champion.  Ever since they acquired the Bloom lake assets (was it from Cliffs) they have steamrolled ahead and of course their opportunistic acquisition of the Alderon assets was icing on the cake. At this point the Kami project looks like it figures prominently in their plans.
Maybe 2024 is the year we see some real movement on advancing the project?
Would still be years before we see some production tho?
That means a long wait before you see any cash....wonder how long these bankruptcy lawyers track this stuff. Perhaps legal fees eat up whatever might be forthcoming?
At any rate  I will watch and wait.....no selling those Alderon albatross shares!!

GLTA
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