Replies to post #117 on Alderon Iron Ore Corp. (AXXDF)

[LGL8054]

You may be right, I have also lower my expectations to mid to low .50's,.......... Production is probable 3 years out for axx. ............. Commercial building construction has all most stop in the U.S., a big hope is that our infrastructure repair and replace gets started to use more steel. ...............China will be down into 2017, .....there is begging to be a glut of Ore on the market and may last a while.

[LGL8054]

You are getting close to your .75 cents, I think we will see .50 before long on the way to .25 cents area.