Kami Project Advances Rapidly

Rodney Cooper 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."

For more independent commentary, click here: Alderon Iron Ore Corp. IRON:TSX

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