The Energy Report - ADV: Right Place, Right Time

>About The Energy Report/Streetwise

>Legal

>Site Index

ADV: Right Place, Right Time

Grandich Letter (05/26/2010)
"Alderon appears to have a project in the right location with the right management team at the right time. The team consists of the right technical people to take this project to production. . .[and has] the proven track record in closing the required deals with the government, native groups, off-take customers and the like, as they’ve done it all before.

The Kami Iron Ore Project appears to be well situated. . .within the Labrador Trough, which produces 99.8% of Canada’s iron ore. CLM just finished building 30 kilometers of railway to connect their Bloom Lake Mine to the existing railway at Wabush. . . a key role in keeping down the costs of getting Kami into production.

Chief Geologist Edward Lyons, with over 35 years of experience. . .knows the area like the back of his hand and understands the intricacies of the Labrador Trough.

I anticipate the value for the resource to be baked into the stock price long before the 43-101 resource is released. Add the high-quality potential of the deposit with the proven track record of the management, and I believe Alderon has all the makings of an extraordinary company."

PRINT THIS PAGE EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

For more independent commentary, click here: Alderon Resource Corp. TSX.V:ADV; OTCQX:ALDFF