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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: $0.155 | Change: $0.00 | %Change: 0.00%
Volume: 100 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.245/0.155
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RE:RE:RE:Re: ADI Price and Future Possibilities

I can't speak for the 'intent' of any/all of the parties...but the logic of owning all of ADI if you pony up a few billion to make the project happen makes financial sense to me....especially if that...read more
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RE:RE:Re: ADI Price and Future Possibilities

Lufkin I don't know if that is the intent for this project . I believe quebec gov has interest that only provides for a percentage ownership with Wisco . I could be wrong but  I think that if it was...read more
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RE:Re: ADI Price and Future Possibilities

IMO the question is this: if Wisco makes a financial decision to go ahead with the project and finance and/or guarantee 85%++ of the financing, then WISCO believes in the value of the ADI company and...read more
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Re: ADI Price and Future Possibilities

WISCO already owns 60% of the Lac Otelnuk so they have a majority position. The question is do the Chinese want 100% of a mine with 50 MM tpa of production for the next 100 years? If so at some point...read more
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RE:ADI Price and Future Possibilities

Lufkin1961 thanks for you reply .Weve been looking forward to a larger presents in this forum .it may or may not generate some interest in ADI . I've been holding these shares for quite some time .the...read more
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ADI Price and Future Possibilities

Wisco and China 'can' be playing hardball...allowing the price to drop off and stay low inorder to offer a low ball bid for all of ADI or for enough to 'own' 51% of ADI (they own 19% I believe now...read more
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Surprising that there's no forum discussion outside the few

Surprising that there's no forum discussion outside the few of us. I'm certain there are more angles of discussion that might shed light on our situation in respect of ADI share price not to mention...read more
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RE:Return to All Time Lows.

Agreed. Baffling and a bit depressing. I liked your choice of wording -"negative" interest because that is exactly how we are being valued relative to our cash position. Cheers, WT  rate and reply
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Return to All Time Lows.

The shares hit 15.5 cents this morning. The company has 40 million in cash and 157 million shares or 25 cents per share in cash. This values Adriana at zero for the property and negative 9.5 cents per...read more
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SNC-Lavalin and WISCO

Trying  to make sense of the meeting between SNC Lavalin and Wisco a month ago; it seems SNC is trying to drum up business with them; would they make a special trip to China if the LOM news isn't...read more
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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