Hello Terarm:

 

I've been a long time holder of AXI as well.  I've stopped posting lately on this board due to the fact that it's basically a waste of time.  I've realized that no matter what you post or try to explain, you will have your bashers and non-believers.  HVAN has been a basher from day 1 and was taken to task on the ADV board by a few posters recently...imagine that great FS that just came out and yet the stock has declined since....I don't pump this stock or company one bit like many proclaim.  If you want to try and figure out where berhunter sits well good luck.  Has this stock suffered.  Of course it has.  Has every junior iron ore player suffered...well look at their performance over the last year. 

I'm an AXI shareholder because I believe in the project and it has many advantages over the other junior iron ore plays.  There is a fundamental issue with cost in the LT and capacity.  You have seen how the likes of LIM and Cliffs have been punished dearly for their investments.  Somehow all these other junior iron ore players in the LT are magically going to make it work.  Not my call but the fact that AXI and Xinxing control their own port and have no ties to a railway is a huge advantage.  The Melville peninsula is rich in iron ore (RB/Tuktu) and the Chinese want this.  The problem is that the restructuring of all these assets is complex....