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Adriana Resources Inc V.ADI

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals

Adriana Resources Inc is engaged in the exploration and development of mineral properties in Canada, and development of a port facility in Brazil to facilitate the shipment of iron ore.
Price: $0.17 | Change: $-0.005 | %Change: -2.86%
Volume: 29,900 | Day High/Low: 0.18/0.17 | 52 Week High/Low: 0.245/0.155


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RE:The Iron Ore Market Now

Your perspective is greatly appreciated. I would doubt that the Canadian or Quebec Governments would allow any of their assests to be 100% controlled by a Chinese state-run firm. I think WISCO is...read more
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The Iron Ore Market Now

“Iron ore sinks to lowest since 2009 as global glut deepens. Ore with 62 per cent content at the Chinese port of Qingdao dropped 0.7 per cent to $US87.70 a dry ton on Thursday, the lowest since...read more
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RE:Critical Time for WISCO Decision

Thanks for digging that number out.  I think ADI would forgive a few month delay on financing but that means the decision to proceed by WISCO would likely need to be made within the first six months...read more
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In the News: Adriana Resources

Adriana Resources Inc was mentioned in the following article: Ashram Metallurgy Progresses as Commerce Resources Confirms High-Grade TREO By Greg Klein  rate and reply
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Critical Time for WISCO Decision

The joint venture agreement specifies WISCO has financing in place for the Lac Otelnuk project within 18 months after the completion of the feasibility study.  rate and reply
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RE:What's Next

Hey OnFire, I think the critical time will be upon completion of the Feasibility Study (and its translation to Chinese for the WISCO senior management, financiers and goverment officials).  If WISCO...read more
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RE:RE:RE:RE:Something I missed from the Quebec budget announcement.....

Hi Antidote-  from page 8 of their latest corporate presentation on their web site it said that the  Capital Expenditures (CapEx) estimate for the Lac Otelnuc Mines project were due at the end of...read more
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RE:RE:RE:RE:Something I missed from the Quebec budget announcement.....

Does anyone else have trouble editing their posts before entering with Ipad on Stockhouse ?  rate and reply
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RE:RE:RE:Something I missed from the Quebec budget announcement.....

WhiskyTango says  the Capex numbers are due at end of July .I' not certain what the Capex is .Can someone enlighten me somewhat. Thanks  rate and reply
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What's Next

Adriana has traded in a range between 15.5 cents and 24 cents per share on low volumes since April 29, 2013. The lowest share price in 2014 was 16.5 cents, 15.5 cents in 2013 and 16 cents per share in...read more
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RE:RE:Something I missed from the Quebec budget announcement.....

Yes, maybe that was it.  The port property is currently up for sale- although they should've taken the $40 million they were offered for it before the iron market collapsed!  The next bit of data we...read more
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RE:Something I missed from the Quebec budget announcement.....

Whiskeytango  got back from vacation a little early did some reading /searching for an ADI doc referring to Brazil deep water port that's been mothballed and I might have mis interpreted that for the...read more
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This doc is old but it does explain the process with adi JV

Whiskeytango you probably read this one but I still refer back to this one for comparison and confirmation and elaboration .just wondering if any of this article surprises you and I'still on the hunt...read more
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RE:RE:RE:RE:RE:RE:RE:What if?

Thank you WhiskeyTango and others for the detailed discussions of Quebec's future plans and possible outcomes.  It is really helpful to read these information as the information are hard to come by...read more
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Something I missed from the Quebec budget announcement.....

Hey Guys, Here is a June 9, 2014 news release from the Canadian Mining Journal summarizing the effect of the provincial budget on Iron Ore Companies in the Trough.  I had previously mentioned what I...read more
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What if?

Very good chance that's what I read WhiskyTango. I haven't been able to go back far enough yet but also don't have a lot of time to do so right now as we prepare for holidays .I will dig into this...read more
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What if?

Hey antidote, The more info we all have the better off we all are. Here is a link to an article regarding the new feasibility study by the provincial government.  I don't think they would follow...read more
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What if?

Yes I was aware of that but I was reading the article of May 8th which sugests more studies of environment and social .well here's a quote " It is planned that further environmental baseline data...read more
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What if?

The LOM feasibility study is reported to be 90% complete and still on schedule.  They have been targeting the end of the year but it could be sooner. I am not sure what you mean by the feasibility...read more
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RE:RE:RE:RE:RE:RE:RE:RE:RE:What if?

Do you know where in the process we are today ? Since the feesability study was unfortunately unfavorable to the proposed rail system .I was under the impression the only alternate was the pipe line  rate and reply