Alexandria Minerals Corp ALXDF

RE:RE:RE:RE:Telephone Call

[Shylock]

cruise -

I believe you are right on the mark.  As CEO EO had access to all of Alexandria's business and that would logically include the initial RE.  Since he has shown himself to be both evasive and dishonest what was there to keep him from fudging the initial RE numbers?  So, yes, IMO, it is possible.  It seems the more we examine this "rat" the more malodorous the stench.  A CEO who would set up unauthorized accounts and then clandestinely divert funds into them I would say is capable of most any chicanery.

Your speculation about a decent takeout offer based on newly discovered gold zones and resource expansion is certainly tenable.  We must remember that the present share price is in all probability based almost entirely on the Orenada and Triangle (and possibly Sleepy) properties.  BUT - Alexandria has many other properties the value of which I doubt is currently not likely reflected in that share price.

According to the company's website, these include the following:

Alexandria Minerals Corporation is an active, growth-oriented, Canadian gold exploration and development company with strategic properties located in the world-class mining districts of Val d’Or, Quebec, Red Lake, Ontario and Snow Lake-Flin Flon, Manitoba. Alexandria’s focus is on its flagship property, the large Cadillac Break Property package in Val d’Or, which hosts important, near-surface, gold resources along the prolific, gold-producing Cadillac Break, all of which have significant growth potential.

I would venture to say that there is value in most or all of these properties which all are in respectably prospective geographic locations.

Once the damage done by EO is contained, the company can get back to business which includes addressing one or several of these properties and assigning appropriate value to same in respect to an accurate evaluation of worth to be reflected in the share price which consequently is presently unrealistically low because of EO's actions.

I believe the shareholders of Alexandria Minerals have a bright future to look forward to and it will not be very long before the malfeasance of EO is nothing more than an unpleasant memory.

Cruise, thank you for your well thought out post.