Alexandria Minerals Corp ALXDF

Fwiw.......

[goldopportunity]

Alxdf closed at usd .051  =  cdn .0653   (boc 1.2805 close)

Outside low down, outside high up and close.  Wow!  Alxdf volume went right down today.  The vacuum between the best bid/ask resulted in that usd .041 low in the last half hour, and then a rebound several minutes later to the .051 print.  99% of the volume was at .05+.   Azx on the cdnx had a higher close.  Of special note, the 2.6M on the surface bid was a build over yesterday.

Bottom-line:
It's looks like no one wants to sell as an another nr could come at any time.  We don't know if all the remaining 40-hole gold assays will be released at once or staggered.  But the present low volume suggests the market doesn't want to be shut-out when the news drops.  The market is certain that the assays will be released, the only uncertainties are the timing and, of course, the actual grades.

So what happens tomorrow.    A few things lead me to think the odds are slightly better than 50/50 that we'll hear something on friday:
-  alxdf's .051 print, 10/100 cent above .05
-  best ask on alxdf is now above the formerly formidible .05 resistance level
-  extremely low volume on alxdf 
-  bullish wide spread between alxdf's best bid/ask
-  increased build on azx's 2.6M surface bid
-  only 6 trading days left till Christmas

But we'll see what happens.  The mm idiots might want to shake the tree a bit f we don't hear anything by early afternoon.  But just adapt, be calm and patient.  Even if nothing comes down the pike tomorrow, you'll know the odds are extremely excellent that something will drop next week.

Btw, sprott et al know full well that the clock is ticking.  Stand your ground, folks.   Jmvho.


goldopp