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Alexandria Minerals Corp ALXDF

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


GREY:ALXDF - Post by User

Comment by biotechguy1on Apr 29, 2018 4:46pm
127 Views
Post# 27956216

RE:RE:RE:The neighbor I like best...........

RE:RE:RE:The neighbor I like best...........PRB will be fine on the first 4 points....I think Dave P is patient enough to Research, Drill Cadillac Break....got about 14 km....no worries....if it's there Dave P will find it.

Could be May 2019 before preliminary drilling results show up anything....and then they will need a strategy to prove up a resource about 7 million in spend.

So I think this could draw out a bit 1.5 years +...and strangle AZX...a little. ( I own both PAB and AZX shares )

As for point 5.  I think the board and insiders might be on black-out  & unable to buy shares since they consistently have cores at the Lab !   This is typical of aggressive juniors...always lots of drill cores.  To avoid the appearance of insider knowledge...black-out is done.  

I know when PRB bought AGE....the blackout period was 28 days and you could buy all the AGE @ 0.275 - 0.31 per share....but if you tried to buy PRB the shares would rise and stay out of reach.  In fact you could buy 2-3 million AGE shares...under 0.32!!!

In fact the ratio was 3 to 1 AGE for PRB fixed @ 0.30 AGE and 0.90 PRB.

It all worked out well if you were apying attention.

GLTA 


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