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 > Initial Thoughts - new drill holes

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Comment by LRGreturns4meon Oct 26, 2017 3:42pm

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RE:RE:RE:Initial Thoughts - new drill holes

Hi Hardluck, You have to remember there were 45 million FT shares that are at a basis below .04 and they will exercise options in the future, so there are a number of shares available to sell into the news. That is why FT shares are not the best financing from the retail investor lens, even though the company gets a higher price on the front end for drilling. (The hope is that the drill results prevent the sale at a low price.) With AZX there are a number of shares out there for sale which has caused the stagnant SP. In the end, it is proven ounces in the ground that counts. jmvho

LRG

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New Found Gold begins surface trenching at Queensway