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 > Telephone Call

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Comment by LRGreturns4meon Jun 02, 2018 12:08pm

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RE:RE:Telephone Call

Many people have spoken directly with WH. The RE issue is real as EO has previously represented a "doubling of the resource". Reality is closer to 700,000 oz I am hearing. Also, they offered PRB the full 70% of the eastern earn in for $3.0M. AEM did not want the royalty, so what does that say?

RE coming in the week after next, deals based on in situ gold will value the project around $60-70 M if the RE rumors are close.

It looks like RE release, then maybe consolidation, then financing and drilling with a new leadership team. PRB may come back after the EO issue is put to bed and tender an offer, I hope so and am going nowhere, but I can no longer think of adding more without the RE.

Where does AEM stand? Anyone know?

Hold tight and good luck.

LRG

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