ALDERON IRON ORE CORP

Ticker: AXXDF CUSIP: 01434T100 Class: COM

Equinox Partners Investment Management LLC's Holding History (CIK: 0000938552)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 107,625 Value ($000) $79 Avg Close $1.09 Range $0.71 - $1.60

Q2 2014

Shares 107,625 Value ($000) $127 Avg Close $1.37 Range $1.09 - $1.62

Q1 2014

Shares 107,625 Value ($000) $157 Avg Close $1.61 Range $1.35 - $1.95

Q4 2013

Shares 107,625 Value ($000) $170 Avg Close $1.56 Range $1.37 - $1.85

Q3 2013

Shares 107,625 Value ($000) $160 Avg Close $1.18 Range $0.83 - $1.64

Q2 2013

Shares 107,625 Value ($000) $102 Avg Close $1.07 Range $0.89 - $1.38

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	107,625	$79	$1.09	$0.71 - $1.60
Q2 2014	107,625	$127	$1.37	$1.09 - $1.62
Q1 2014	107,625	$157	$1.61	$1.35 - $1.95
Q4 2013	107,625	$170	$1.56	$1.37 - $1.85
Q3 2013	107,625	$160	$1.18	$0.83 - $1.64
Q2 2013	107,625	$102	$1.07	$0.89 - $1.38