Alderon Iron Ore Corp. (AXXDF)

[facts first]

Next Partner on the horizon!
Normally I only write FACTS but this time I need to guess. Mark Morabito says financing will be done by the end of the year and another partner will be in place. Two catalysts going to hit this share positively in the next 7 weeks.
I believe this is true.
A take-over could also be possible in my opinion. In NAM the steelmaking companies building new DRI plants one after the other. Im working in the steelmaking business and I highly believe new announcements of DRI plants will come. Nucor Steel is going to run their furnaces to a higher percentage with DRI and same counts for other furnaces in NAM. New tube mills are getting build too in USA TPCO, Benteler and so on breaking ground to support the shale gas industry with more pipes.
There are many possibilities in the market as natural gas is cheap.
Whether it is take-over, financing and/or a new partner Alderon will finish and start up production as planned PERIOD.
Stay long stay strong!
My guess Alderon will be minimum at 4$ end of next year.