Alderon Iron Ore Corp AXXDF

BUY

[Darock13]

Its a steal at 0.50, buy,buy,buy

[NicholasW]

It's BANKRUPT LOL

[Surprise]

bankrupt mean? We're not getting anything as a shareholder of alderon?

[NicholasW]

Dilotte is sending out a package to all shareholders to add them to the claimants in the bankruptcy cause champion only bought "kami" not the assets and equipment. So they're there will be some sort of package for shareholders but no one knows what or how much. But the lawyer told me that this stock isn't suppose to be trading in the pink market or any market under ALDERON IRON

[matt911]

any chance you have an email? Left a VM just now. Thanks for the info

[optomist]

I just did the same, thanks. However i attempted to contact deloitte some time ago and never received a response... How do we know if our name is added etc... I didn't see anything to this effect in informaiton and responses provided previously. I mean I'm a shareholder, I should be notified! we should be notified directly, as  a group or with public media...

[matt911]

[phone] Naomi with  Deloitte [e-mail]

[Darock13]

Good Job.

[abcdefghijklmn1]

Under the Acquisition, Altius will receive 600,000 Champion Iron shares as consideration for the sale of its portion of secured debt of Alderon. It also expects to receive a portion of the $15 million cash consideration and the future production-based payments stemming from its 37.3% equity holding in Alderon. The amount of cash consideration will be dependent on the Receiver’s approval process