GREY:ALXDF - Post by User
Comment by
goldopportunityon May 15, 2018 5:10pm
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Post# 28035397
RE:RE:Who believes there is a lot more gold to the west?
RE:RE:Who believes there is a lot more gold to the west?Excellent post, Shylock. You beautifully summed up what most of us think about EO, etc.
Nothing much to add on the sp. We'll probably continue to be range bound, on relatively low volume. Everyboday's waiting for the RE, with a subsequent big pop in the sp.
I continue to believe that alexandria mgmt has had a good chunk of the RE results for awhile now. I'm speculating that the special committee (SC) has just about finalized alexandria's sale in whole or part. Imo, we get the RE before the end of the month, and updates on a buy-out bid(s) shortly thereafter. But we'll see. Nothing in life goes quite according to plan. I can only definitively say at the moment that alexandria is: 1) already sitting on a helluva lot of gold oz.: 2) the sp is ridicuously low relative to our gold oz #s; and 3) the upcoming RE most likely will significantly increase our gold oz #s.
My humble advice is to just be patient. I have every reason to believe that the SC and BoD have got our backs. So we'll see what happens. Stand your ground, folks. Jmvho.
goldopp