RE:Current Status ?cfaer -
I am not sure I would consider myself "in the know" but I do know certain points relevant to your comments.
Have you ever watched a video of or seen in person an arid landscape or desert, perhaps in Africa or South America or even SW North America when there has been no rain for months because it is the dry season, and then all of a sudden, the season changes to the wet season and rain comes down in literal barrels? Have you noted how during the dry season there was no obvious growth of plant life but when the rains came, the landscape turned from tan-brown to green, grass grew, flowers came up and blossomed and the whole landscape was transformed?
Well, that is what is going on with Alexandria now and not it only but all of the junior gold explorers. We are, in effect, in a dry season because of the price of gold and geopolitical concerns, Trump's tariffs and the usual manipulation. This has a negative or at best neutral effect on the prices of the shares of the companies. AZX is no exception.
Nothing has changed with the company except it has gotten better with the booting out of Owens who had the share price on the downside due to his shenanigans before the greater gold universe architecture fell apart. No one at Alexandria or any other company can do anything but run their company right and wait for the rains to come, which they will.
What is going on in the junior golds now is not unique. It has happened before. Prices of shares have gone to ridiculously low levels. Then, all of a sudden, the whole thing reverses.
Management of Alexandria would not be doing anyone a favor by doing a deal to sell the company in this present climate unless a major with deep pockets saw the potential and ponied up a sum commensurate with Alexandria's known gold and the additional gold we believe lies in the ground yet to be discovered. If a company offered a "stink bid," I believe WH and management would turn it down unless, as I said, the offer was reasonable in a good climate, which this is presently not.
We are coming up on the time of year when the prices of gold and the shares traditionally rise. That may or may not happen this year but we shall see.
What is now required more than anything is patience and perhaps more of it than usual.
So we are not "spinning down the feces-hole" of which you spoke. We are exactly where everyone else is allowing for the special circumstances of crooked Owens having artificially lowered the share price before the rain became scarce, so to speak. It will take some time for all of that to blow over and new management to get the lay of the land. Remember, the vote was only three weeks ago although I know it seems like three years, a trick of the mind.
So, sit tight, believe in your company and let them work on our behalf, keep your expectations realistic, and have patience.
The rains will come again.