The following individuals have expressed opinions on Cap-Ex Iron Ore Ltd.
| Fraser Mackenzie Wojtek Nowak & Penelope Talbot-Kelly February 4, 2013 |
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Dundee Securities |
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| Haywood Colin Healey & Alan Spense January 1, 2013 |
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| Scotiabank Greg Huffman February 4, 2013 |
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| PI Securites Aleem Ladak February 4, 2013 |
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RBC Capital Markets
Development in the Labrador Iron Ore Trough and the Implications for Rail & Infrastructure Providers
Robin B. Kozar, Walter Spracklin & Elaine Lae
May 29, 2012
GMP Securities
GMP Iron Ore Primer - An Introduction for Investors
May 28, 2012
Please note that any opinions, estimates or forecasts regarding the performance of Cap-Ex Iron Ore Ltd. and its management made by these analysts are theirs alone and do not represent the opinions, estimates or forecasts of Cap-Ex Ventures Ltd. or its management. Alderon Iron Ore Corp does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.
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