Alexandria Minerals Corp ALXDF

Metals & Mining Industrial Metals & Minerals

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over 460 claims, located in Bourlamaque, Louvincourt and Vaquelin Townships. The manitoba properties include

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Alexandria Minerals Corp

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Post by SN3165on Apr 27, 2012 12:31pm

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Post# 19844406

IAMGold to Buy Trelawney

Iamgold is a major owner of Alexandria last time I checked... they announced they will buy Trelawney

"Gold miner to pay approximately $608 million in cash for an Inferred resource of 5.94 million ounces, with 0.93 million ounces in the Indicated category..."

Trelawney shares jumped 40 percent.

I know Alexandria's resource isn't quite as big as that but I believe this shows that there is obviously interest in the juniors and explorers. If Alexandria pushes through the 2+million ounce mark, which I believe they will, why WOULDN'T someone want to buy them? (In my opinion AXZ is worth AT LEAST 50 million at the current time.

GLTA.

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