Alderon Resources neues Minenschnäppchen?

gemäss Mark Morabito, CEO von Alderon, wollen sie vorläufig eigenständig bleiben und beweisen, dass sie die Produktion selbständig auf die Beine kriegen:

"You have to run your company like you’re going to take it to production or you’ll never get full value [for it],” said the president and CEO of Alderon Resource Corp. (TSX-V:ADV). “Running your company as though you’re going to get taken out is a mug’s game and it’s a recipe for failure.”

His comments came during an interview at his office in Vancouver about his latest venture.

Alderon is focused on its Kami iron ore project in Labrador, Canada’s premier iron district and home to players such as the Iron Ore Co. of Canada and Cliffs Natural Resources Inc. (NYSE:CLF)."

http://www.bivinteractive.com/...;task=view&id=3227&Itemid=46  

Vancouver, British Columbia - Oct. 27, 2010 - Alderon Resource Corp. (TSX VENTURE: ADV) (OTCQX: ALDFF) ("Alderon") is pleased to announce assay results from the ongoing drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador.

Alderon Resource Corp. closed at $1.47 Tuesday, trading 32,000 shares.


http://www.tradingmarkets.com/news/press-release/...nmgf-1261438.html  

hier noch der Link zur Meldung von Alderon auf deren Homepage:

http://www.alderonmining.com/_resources/news/...10-27-NewsRelease.pdf  

es scheint fast so, als ob die positiven Meldungen der letzten Tage langsam aufgenommen werden. Aber der Weg nach Norden ist noch lang, und bestimmt mit einigen Rücksetztern versehen.
Stay long...  

Thursday, November 4, 2010
Alderon Announces Further Resource Upside and Comments on Rail Capacity

Alderon Resource Corp. (TSX.V:ADV) (OTCQX: ALDFF) ("Alderon") is pleased to announce plans for a winter drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador that is aimed at further increasing the potential size of its iron ore resource. The program will consist of 5,000 meters (m) of drilling in North Rose and is designed to expand on the current 25,000m program expected to be completed by the end of November 2010. The 2010 and winter 2011 programs are planned with the goal of delineating 600 to 800 million tonnes at a grade between 28-32% iron ore. The potential tonnage and grade are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource.

"We are having great success with the 2010 program and have found the area north of Rose Lake to have great iron thicknesses and grade," says Matt Simpson, Chief Operating Officer of Alderon. "We want to make sure to include this new area to our current work heavily focused on proving up Rose Central and Mills as it should add significantly to the resource."

A total of 21,907m has been drilled on the property to date and the 2010 drill program is on track to be completed by the end of November 2010 with 25,000m drilled. The 2010 program will be followed by an initial National Instrument 43-101 ("NI 43-101") resource estimate in the first quarter of 2011. Watts, Griffis and McOuat Limited ("WGM") has been commissioned to provide this resource estimate and has already completed the required site visits and sampling program.

The 2011 winter program is expected to commence during the last week of January and take approximately seven weeks to complete. The program is anticipated to cost approximately $2.5 million and will also be followed with an updated NI 43-101 resource estimate late in the second quarter of 2011. The winter program will focus on adding the northern portion of the Rose Lake Zone to the resource.
Rail Capacity

BMO Research attended a site visit of the Iron Ore Company of Canada (IOCC) operations in October 2010. In the BMO Capital Markets write up on Labrador Iron Ore Royalty dated October 21, 2010, BMO states, based on commentary from senior IOCC management, that "...Rio Tinto's QNS&L [Quebec North Shore & Labrador] rail line, which runs essentially from Schefferville to Sept-Iles, could be expanded with minimal capex [capital expenditure] to 75 - 80Mtpa [million tonnes per annum] of hauling capacity." This capacity is in line with an earlier analysis conducted for Alderon by industry experts.
"There is currently only approximately 30Mtpa being shipped along this rail line," says Mr. Simpson. "Even if every existing mine expands to their full currently stated production target and each known new company (including Alderon) commences production, there is still only just over 60MTpa being produced, so rail capacity shouldn't be an issue."
About Alderon

Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.
Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release.

For more information on Alderon, please visit our website at www.alderonmining.com  

http://www.marketwatch.com/story/...-11-04-93140?reflink=MW_news_stmp  

"...many people missed out on Consolidated Thompson (the highest mover on the TSX in 2009) and I would urge you not to miss out on what I believe can be the next Consolidated Thompson - Alderon."

http://www.alderonmining.com/_resources/media/...-TheGrandichBlog.pdf  

habe gestern zu Börsenstart in Canada nochmals etwas nachgekauft. M.M.n. ist hier noch sehr viel Potential vorhanden und vor Ende Jahr wird nochmals eine News kommen. Und der Vergleich mit Consolidated Thompson, wie im vorstehenden Post erwähnt, ist sicherlich nicht ganz abwägig. Schliesslich kommt der Grossteil des Managements von der CLM. Und dass sie dort einen sehr guten Job erledigt haben, widerspiegelt sich insbesondere auch in der Kursentwicklung.
Wir werden bestimmt noch viel Freude mit der Alderon haben.  

"Alderon Confirms Iron in New Zone With 30% Iron Over 207 Meters

VANCOUVER, BRITISH COLUMBIA, Nov 16, 2010 (MARKETWIRE via COMTEX) -- Alderon Resource Corp. /quotes/comstock/11v!e:adv (CA:ADV 2.14, 0.00, 0.00%) (otcqx:ALDFF) ("Alderon") is pleased to announce assay results from the ongoing drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Results have been received for resource definition at the Central Rose Zone, as well as for the new zone located north of Central Rose. This new zone, labelled North Rose, will be the focus of the recently announced 2011 winter program that is scheduled to commence late January with the objective of increasing the potential size of the iron ore resource (see News Release dated November 4th, 2010).
..."

http://www.marketwatch.com/story/...s-2010-11-16?reflink=MW_news_stmp  

"...
In order to avoid delaying the resource calculation, management has decided to provide two resources – one in the first quarter of 2011, which will include the 2010 program and then an updated resource in the second quarter of 2011, which will include the winter program. Management is targeting between 600 and 800 million tonnes! When Consolidated Thompson (right next door to Kami) started their feasibility study, they had outlined 606 million tonnes – they are now in production and they have a market cap of over $2 billion! I’m more and more comfortable with calling this the “son” of Consolidated Thompson. Hello!!!!!!
..."

http://www.alderonmining.com/_resources/media/...-TheGrandichBlog.pdf  

der Kurs nimmt Schritt für Schritt Richtung 2€.
Und falls vor Jahresende nochmals eine Bombe platzt, dann könnte es ziemlich rasch gehen (m.M.n.).
Wünsche den Alderon-Investierten weiterhin viel Erfolg und eine grüne Woche (trotz Schnee).  

"Alderon Resource Corp. Announces C$16 Million Bought Deal Private Placement Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2010) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Haywood Securities Inc. (the "Underwriters"), whereby the Underwriters have agreed to purchase, on a bought deal basis, 7,300,000 units (the "Units") of the Company at a price of per Unit of C$2.20 (the "Issue Price") for aggregate gross proceeds to the Company of C$16,060,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one-half of one common share purchase warrant. Each whole common share purchase warrant (a "Warrant") will entitle the holder to acquire one Common Share at a price of C$2.80 for a period of 24 months from the closing of the Offering."

http://www.marketwire.com/press-release-canada/...URE-ADV-1359625.htm  

"Alderon Resource Corp.
Right Place, Right Time, Right Company

Refounded in 2009, Alderon is On Track to Produce Iron Ore by 2014
By Kevin Michael Grace
Mark Morabito has made it look easy. One year ago, Alderon Resource Corp, of which Morabito is President and CEO, was effectively a shell. Today, it is talked up as the next Consolidated Thompson.

One year ago, Morabito didn’t have a company, but this lawyer by profession had a history of startups and of raising money. More important, he had a property. “I had a private deal I put together with Altius Minerals Corporation, a project generator that prefersjoint venture projects and spreadi

Alderon’s Kami Iron Ore property is in Labrador, just across the Quebec border, and was once owned by Iron Ore Company of Canada, a giant of Canadian industry before it was devastated by low prices and the collapse of North American manufacturing. (IOC is now controlled by multinational Rio Tinto.)
..."

http://alderonmining.com/_resources/media/2010-11-24-ResourceClips.pdf  

Solving the Global Iron Ore Shortage

If there is one thing UBS Securities' Dieter Hoeppli knows it's steel. As global head of steel, as well as metals and mining in the Americas for UBS, he's spent the last 20 years analyzing the steel business and acting as an advisor on countless mergers and takeover deals. He regularly travels the world and crunches numbers to determine what's going to grow and what's not. In this Gold Report exclusive, we take you inside the recent Forbes & Manhattan summit for some of Dieter's candid thoughts on the shortage of iron ore global steel manufacturers are now facing.
....

"I think there is going to be a renewed focus on attractive companies with great ore bodies, Dieter said, "which I think Alderon Resource has in areas with logistics already in place, where you can actually bring the product to the market in a reasonable period of time."

"Clearly, raw material is an absolutely critical factor in steel manufacturing and I'm sure Alderon is going to play a major role in that," Dieter said.

http://news.goldseek.com/GoldSeek/1291406400.php  

Analyst Coverage
Tuesday, December 7, 2010
  Haywood Securities Inc.

Kami: A Growing Fe Ore Property
Nestled Between Four Mines
Geordie Mark and Colin Healey
We are initiating formal coverage of Alderon Resource corp. (ADV-TSX-V) with a 12-month target price of C$3.40 per share. The 62% projected return justifies a SECTOR OUTPERFORM rating. Alderon has a SPECULATIVE risk rating due to the early exploration stage of the Company's Kamistiatusset (Kami) iron ore property, which is on the door step of four operating iron ore mines in the Fermont district, Labrador Trough, Canada. Company highlights include:

         •§Kami is ideally positioned to make use of the existing infrastructure established for the neighboring Labrador City, Fermont and Wabush townships that service several iron ore mines within 10-20 kilometres from Alderon's property.

         •§A maiden resource estimate on Kami is due in Q1'11, and is based primarily on 25,000 m drilling to be completed in 2010. An additional 5,000m drilling will be undertaken on Rose Lake North staring late January 2011, and will be incorporated into a revised resource update in Q2"11 where Alderon has a target resource estimate of 600-800 Mt at 28 to 32% Fe. Our estimates are for an exploitable resource of 300 Mt @ 30% Fe, which is expected to be primarily derived from the Rose Lake Central and Mills Lake areas. These resources are expected to be magnetite dominant with lesser specular hematite, and are anticipated to contain low S, P and Mn. Additional resource potential is also expected from the Rose Lake North area of the property.

         •§Our model scenario for Kami employs a conceptual production rate of 8 Mtpa of 65% Fe magnetite-rich concentrate, which is estimated to have an average production cost on the order of (~US$43/t). This model uses an exploitable resource estimate of 300 Mt @30% Fe, and by inputting our commodity price assumptions the operation could generate 1st and 2nd year cashflow of $164 and $288 respectively for a ~17 year Life-of-Mine.

         •§Alderon has a clear strategy to advance Kami towards a production scenario, and host a strong board and management team that were in part responsible for progressing Bloom Lake through the development corridor and into production.
Valuation: Our DCF 12% analysis of the Kami Property produces an NPV of C$733 million, with adjustments for resource growth potential provides a total corporate NAV of C$749 million.

To recieve a copy of the full coverage on Alderon, please contact:
info@alderonmining.com  

 

"Alderon exercises option to acquire 100pct interest in Kami iron ore project

Alderon Resource Corporation announce that it has exercised its option right under an option agreement dated November 2nd 2009, pursuant to which Alderon has acquired a 100% interest in the Kamistiatusset iron ore project in western Labrador from Altius Resources Inc.

Altius is a wholly owned subsidiary of Altius Minerals Corporation. In order to complete the exercise of the Option, Alderon has issued an aggregate of 32,285,006 common shares from its treasury to Altius. In addition, Mr John Baker chairman of Altius and Mr Brian Dalton CEO of Altius, have been nominated for election to the Alderon Board of Directors at the Annual General Meeting which is being held on December 10th 2010.
..."

http://www.steelguru.com/raw_material_news/...ore_project/180057.html  

"Alderon Closes C$20 Million Bought Deal Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 16, 2010) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has closed its previously announced private placement financing with a syndicate of underwriters led by Haywood Securities Inc. (the "Underwriters") for 9,125,000 units (the "Units") of Alderon, including 1,825,000 Units sold pursuant to the exercise in full of an over-allotment option by the Underwriters, at a price of C$2.20 (the "Issue Price") for gross proceeds of C$20,075,000 (the "Offering"), on a bought deal basis. Each Unit consists of one common share in the capital of Alderon (a "Common Share") and one-half of one common share purchase warrant. Each whole common share purchase warrant (a "Warrant") will entitle the holder to acquire one Common Share at a price of C$2.80 for a period of 24 months from the closing date.

If the closing price of the Common Shares of Alderon on the TSX-V is greater than C$4.00 per share for 20 consecutive trading days, Alderon may give written notice to warrant holders that the Warrants will expire 20 calendar days after Alderon issues a news release disclosing the early expiry of the Warrants.
..."

http://www.marketwire.com/press-release-canada/...URE-ADV-1370435.htm  

.. seit Threaderöffnung ende April 2010 ist doch ein ganz schöne Performance. Und m.M.n. werden wir hier im 2011 noch ganz andere Kurse zu sehen bekommen.
Wenn man die Alderon mal mit der Kursentwicklung der Consolidated Thompson vergleicht, kann man sich schon ein Bild machen was hier passiert, wenn mit der Produktion begonnen wird.
Ich jedenfalls bleibe hier voll investiert und freue mich auf ein erfolgreiches 2011.  

allen Alderon-Aktionären (und natürlich auch allen anderen).
Ich kann mir gut vorstellen, dass die Alderon eine der Highflyer im 2011 werden kann. Wenn man die Entwicklung der Consolidated Thompson im 2010 anschaut, und die Alderon ist schon mit der CLM schon zu vergleichen, da kann man sich ja selber ausmalen, was wir hier noch erleben können. Selbstveständlich müssen die Rahmenbedingungen weiterhin stimmen und es kann auch Rücksetzter geben, aber dieses Risiko hat man ja bei jeder Aktie.
Also, viel Erfolg und auf ein erfolgreiches Neues Jahr.  

"Alderon Selects BBA & Stantec as Scoping Study Consultants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 6, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the appointment of BBA Inc.("BBA") and Stassinu Stantec Limited Partnership ("Stantec") to conduct a Scoping Study on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador.

"Both BBA and Stantec have extensive work experience in Labrador West iron ore mines. This experience will help ensure thorough yet rapid completion of the scoping study which is a key step in moving Kami towards production," says Matt Simpson, COO of Alderon.

BBA is an independent Canadian consulting engineering firm operating internationally. Its team is composed of highly-qualified experts in several engineering disciplines and is particularly active in the mining and metals sector. BBA was the primary engineering consulting firm for Consolidated Thompson's Bloom Lake Mine, located 6.4 kilometres west of the Kami Project.
..."

http://www.marketwire.com/press-release/...SX-VENTURE-ADV-1376571.htm  

mal wieder eine Meldung von Alderon (und wie gewohnt eine erfreuliche):

"Alderon Confirms Rail and Port Capacity

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 11, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to confirm railway and port capacity in Labrador and Quebec, Canada.

Alderon has initiated discussions with Iron Ore Company of Canada ("IOC"), a member of the Rio Tinto group, on use of the Quebec North Shore & Labrador ("QNS&L") railway. Alderon has also initiated discussions with the Port of Sept-Iles for access to their soon to be constructed deep water multi-user facility. Discussions will be ongoing with both of these parties to firm up accountabilities, logistics and costs as part of the Scoping Study due for completion late Q2 2011 and Feasibility Study to be completed early 2012.

"We are quickly demonstrating the potential of our Kami Project and therefore want to have all the logistics for transporting final product from mine to customer settled," says Matt Simpson, COO of Alderon..."

http://www.marketwire.com/press-release/...SX-VENTURE-ADV-1378570.htm  

super Entwicklung die letzten zwei Tage.
Was so eine Meldung ausmachen kann!!!!
Weiter so.  

"Kami Project Advances Rapidly

RODNEY COOPER, Dundee Capital Markets (01/12/2011)

"Alderon has announced it has commenced discussions with Iron ore Company of Canada (IOC) relating to the use of the Quebec North Short & Labrador (QNS&L) railway. In addition, the company has begun talks with the Port of Sept-Iles to gain access to the soon to be built deep water multi-user facility. Finally, Alderon has confirmed earlier guidance regarding timing of its scoping study (late Q211) and feasibility study to be completed in early 2012. In our view, Alderon is moving the development of its wholly owned Kamistiatusset ('Kami') at a pace far above average, which serves shareholders well, since projects generally grow more valuable once they are further scoped and de-risked."  

http://www.theaureport.com/cs/user/print/quote/9222?x-t=pub.view  

"Canadian iron ore explorers ripe for the picking

Wednesday, 19 Jan 2011A CAD 4.1 billion bid for Consolidated Thompson could open the door to further Canadian iron ore deals as steel makers step up a quest for high-grade raw materials to meet booming Asian demand.

Cleveland, Ohio based Cliffs Natural Resources is ponying up CAD 17.25 a share for Consolidated Thompson, a rich 29% premium from January 11th 2011 close that cements Canada's investor friendly appeal in the global grab for resources.

Haywood Securities analyst Geordie Mark said that "For iron ore, it's all about infrastructure, availability and capacity. Canada has the capacity, it has the resources, and obviously it's a favorable jurisdiction geopolitically."
...
That could be good news for small explorers like Champion Minerals , Alderon Resource Corp and future producers Labrador Iron Mines and New Millennium Capital all active in the region. ..."

http://www.steelguru.com/raw_material_news/...the_picking/187016.html