SureTrader SureTrader
Home > Boards > Canadian > Basic Materials >

Alderon Iron Ore Corp. (AXX)

AXX RSS Feed
Add AXX Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board:
Last Post: 12/7/2015 10:44:53 PM - Followers: 4 - Board type: Free - Posts Today: 0


http://alderonmining.com/


Strategically Located Within Canada's Premier Iron Ore District

Alderon is a development company with an iron ore project located next to mining towns of Wabush, Labrador City and Fermont in Western Labrador, Canada. The property is also surrounded by four producing mines and is within close proximity to a common carrier railway as well as a deep sea port which will provide year round access to the global market.

Kami currently hosts an NI 43-101 Mineral Resource estimate of 490 million tonnes indicated at 30.0% iron and an additional 598 million tonnes inferred at 30.3% iron.  Further information about Alderon's resource estimate can be found in the April 5, 2011 and September 13, 2011 news releases.  A total of 26,000m of infill and exploration drilling is being carried out in the 2011 Summer/Fall program.

Based on the recently completed Preliminary Economic Assessment,Alderon plans to commence commercial production in 2015 at a rate of 8 million tonnes per year at a grade of 65.5% iron. The Preliminary Economic Assessment also illustrated robust project economics including an NPV of US$3.07 billion, an IRR of 40.2%, with a payback period of 2.7 years.

Worldwide demand for steel will keep driving iron ore prices upward and Alderon is well positioned to benefit from the continued demand. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.



 





Company NEWS


Recent News
 




Share Structure

September 6, 2011


SHARES OUTSTANDING: 82,615,264
FULLY DILUTED: 96,952,349
WORKING CAPITAL: CDN $16.2M
Options/Warrants
Options 9,215,000
Finder's Warrants ($2.75) 90,910
Investor Warrants ($2.80) 4,594,262
Broker Warrants ($2.20 & $2.80) 436,913
Total 14,337,085
Significant Holders
Insiders 9,792,202 11.9%
    - includes Mark Morabito 3,230,000 3.9%
     

 Altius

 32,285,006

 39.3%






Contact Information
Vancouver Office                                Toronto Office
Phone: 604-681-8030
Fax: 604-681-8039
Attn: Mark Morabito
  Phone:  416-309-2138
Fax:  416-861-8165
Attn: Matt Simpson
     
Mailing Address:
1240 - 1140 W Pender St.
Vancouver, BC, V6E 4G1
  Mailing Address:
65 Queen St. W., 8th Floor
Toronto, ON, M5H 2M5
 

Montreal Office

                               St. John's Office
Phone: 514-989-3135
Fax: 514-934-4640
Attn: Brian Penney
 

Phone:  709-576-5607
Fax: 709-576-7541

     

Mailing Address:
2200 - 1250 Rene Levesque Blvd. W.
Montreal, QC, H3B 4W8 

  Mailing Address:
804-10 Fort William Place,
Baine Johnston Center
St. John's, NL, A1C 1K4
 

Email
info@alderonmining.com


 

 
mailBreaking Newsmail________________________________________________________________________________________________________________

Oct 6, 2011


View More +
 

 



Rebember to do your own research before you invest in any stocks. Happy investing!!!

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
AXX
Current Price
Volume:
Bid Ask Day's Range
SureTrader
ADV News: ADVA Optical Networking beschleunigt virtualisierte SD-WANs mit Ensemble SmartWAN 12/01/2016 08:00:04 AM
ADV News: ADVA Optical Networking Introduces Ensemble SmartWAN to Accelerate Virtualized SD-WAN 12/01/2016 08:00:04 AM
ADV News: ADVA Optical Networking SE: Veröffentlichung gem. §26a WpHG mit dem Ziel der europaweiten Verbreitung 11/30/2016 10:57:48 AM
ADV News: ADVA Optical Networking SE: Publication pursuant to §26a WpHG (the German Securities Trading Act) with the aim of pan-Europe... 11/30/2016 10:57:46 AM
ADV News: ADVA Optical Networking SE: Oscilloquartz synchronisiert nationales Kommunikationsnetz der indischen Streitkräfte 11/24/2016 03:00:17 AM
PostSubject
#150   Virtually every major commodity is under pressure. That LGL8054 12/07/15 10:44:52 PM
#149   Looks like we are on our way to LGL8054 07/08/15 05:51:39 PM
#148   CHINA.......................... Unable to sell shares to cover margin LGL8054 07/08/15 05:43:21 PM
#147   China is Dumping Again that will drive prices down. LGL8054 04/02/15 04:37:26 PM
#146   Iron Ore Down down down 5 % plus LGL8054 04/01/15 02:26:38 PM
#145   Chinese Steel looking for a dumping ground LGL8054 03/16/15 11:43:42 AM
#144   We will have a .10 cent stock soon. LGL8054 02/24/15 12:36:41 PM
#143   Rebar in China is now cheaper then food. LGL8054 02/07/15 09:45:09 AM
#142   Global iron ore production in emerging countries will LGL8054 12/28/14 09:06:25 AM
#141   Therefore, AXX is a strong sell because of legalizeMJ 12/20/14 11:52:49 PM
#140   axx is a SELL.We'll never get to .75,We legalizeMJ 12/20/14 11:47:39 PM
#139   December 19, 2014 LGL8054 12/19/14 01:06:46 PM
#138   There is no reason for AXX to move LGL8054 12/18/14 12:11:09 PM
#137   The Dollar is up, Gold and other Metals LGL8054 12/14/14 12:42:46 AM
#136   Liberty Metals & Mining Holdings, LLC (“LMM”) has LGL8054 12/09/14 06:36:39 PM
#135   We hit the low of the year today, LGL8054 12/01/14 05:19:11 PM
#134   Industry Analysis & Trends LGL8054 11/19/14 06:09:59 PM
#133   I see the BID is at .03 this LGL8054 11/19/14 09:20:08 AM
#132   Makes me wonder how it is possible for KaiserSoze 10/01/14 01:56:22 PM
#131   Creamer of CNBC said IRON ORE has no bottom. LGL8054 09/30/14 09:38:52 AM
#130   Metal prices are down again today and AXX LGL8054 09/29/14 03:19:00 PM
#129   You are getting close to your .75 cents, LGL8054 09/26/14 09:45:37 PM
#128   Steel Mills in the UK are being shut LGL8054 09/13/14 09:21:33 AM
#127   Iron is taking a shit kicking. This ones yellolab 09/05/14 05:08:23 PM
#126   All I'm reading is that financing fell apart. KaiserSoze 08/21/14 08:53:57 AM
#125   Alderon has appointed Endeavour Financial Limited (Cayman) (“Endeavour LGL8054 08/21/14 07:31:06 AM
#124   CNBC said that China is Dumping there Steel LGL8054 08/13/14 09:34:21 AM
#123   I think that Japan could be the next LGL8054 08/10/14 07:33:31 AM
#122   Nobody really took the time to read between KaiserSoze 07/30/14 09:51:53 AM
#121   SA authors are clowns! This will be trading KaiserSoze 07/25/14 02:00:02 PM
#120   Influential SA author bullish on AXX: steeledge 07/25/14 12:15:49 PM
#119   forget macro economics and China. The share price KaiserSoze 07/21/14 12:21:58 PM
#118   You may be right, I have also LGL8054 07/18/14 02:23:02 PM
#117   Financing has fallen apart! Won't see a shovel KaiserSoze 07/18/14 01:37:12 PM
#116   Scottrade has No BID and NO ASK LGL8054 07/08/14 03:10:04 PM
#115   I see some one is playing with the LGL8054 07/08/14 11:28:47 AM
#114   http://www.dnaindia.com/money/report-railway-freight-hike-to-push-steel-price-rs-500-1000-per-tonne- LGL8054 07/06/14 11:18:55 AM
#113   That reverses a six-month slide in U.S. steel LGL8054 07/06/14 11:16:50 AM
#112   Look at the Charts Link to see where LGL8054 07/06/14 11:06:24 AM
#111   Steel Price Forecast for 2014 LGL8054 07/06/14 11:00:14 AM
#110   By David Stanway LGL8054 07/06/14 10:48:52 AM
#109   You do know that the Chinese Gov. has LGL8054 04/07/14 02:16:26 PM
#108   BMIN has a market cap of $23mm with KaiserSoze 04/07/14 02:07:29 PM
#107   Check out BMIN for axx to buy With LGL8054 04/04/14 12:47:13 PM
#106   Not today LGL8054 04/03/14 12:02:42 PM
#105   If you look at their Web Site under KaiserSoze 03/31/14 12:48:43 PM
#104   We are going to drop below a $1.00 LGL8054 03/12/14 04:24:57 PM
#103   YOU CAN HAVE ALL OF MY SHARES. LGL8054 03/03/14 04:22:14 PM
#101   Maybe http://mobile.reuters.com/article/idUSL3N0LV0VX20140227?irpc=932 _mmech 03/03/14 06:36:06 AM
#100   Can anyone please explain how AXX is trading KaiserSoze 02/19/14 12:28:04 PM
PostSubject