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Bullboard - Stock Discussion Forum 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... see more

GREY:ALXDF - Post Discussion

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Post by Goodbadandugly on Mar 15, 2018 7:44pm

R/E

"Orenada zone 2 is located 400 m east of Orenada zone 4"
Todays results suggest the zones are connected, and especially the news release of Oct. 26, 2017 which shows more holes with great results between
the 2 zones!  Very exciting, I just hope they have enough holes to
technically prove it all up in this coming RE!!
Comment by RYUcan on Mar 15, 2018 8:33pm
It is quite evident that this property is turning into a pot of gold!! Although the delays are tiresome they should add to more interest. Whatever the RE comes out at there is easily more gold to be added.
Comment by Hollingerboy on Mar 15, 2018 9:27pm
So....the vast majority of this board is of the belief that we are prepping for an outright sale! Myself included! What if we are wrong! What if ES and AEM are reviewing the latest drill results and look at each other and say sh&t these drill results just keep getting better and better! Could this deposit have 10 bagger potential? Remember Integra had a boatload of shares outstanding as well.. ...more  
Comment by PizzamanforAu on Mar 15, 2018 9:46pm
HB...Not to mention that on May 15th when El Dorado purchased Integra gold closed out the day @ $1,230.40.  I just wonder if the shareholders are going to be low balled because some behind the scenes deal was being cut and we're not aware of the shenanigans.  We really need to see the price of gold go up considerably before this project is sold...but it doesn't seem to be playing ...more  
Comment by easycoder on Mar 15, 2018 10:41pm
This post has been removed in accordance with Community Policy
Comment by Hollingerboy on Mar 16, 2018 7:34am
https://www.newswire.ca/news-releases/iamgold-renews-preliminary-base-shelf-prospectus-676874243.html i believe Iam has 2% in Azx?.....Prb, Azx, old Integra asset look attractive in one sweet package. IAM has a 3B market cap.....crazier things have happened...pure spec ......HB
Comment by Newrookie on Mar 16, 2018 9:00am
''These filings, when made final or effective, will allow the Company to make offerings of common shares, first preference shares, second preference shares, debt securities, warrants, subscription receipts or any combination thereof of up to US $1 billion during the next 25 months in the United States and Canada, except for the Province of Quebec'' ...more  
Comment by goldhunter11 on Mar 16, 2018 10:41am
NewR, I had the same question (why not do the filing in Quebec as well?), but may be IMG is not after any Quebec company. The filings deal with companies (and not properties that a company may have throughout the world). AZX, PRB are all Ontario compnies with HQs in Toronto, so if IMG (another Ontario company) wants to take over AZX or PRB (or both) it should be able to issue shares for a swap of ...more  
Comment by PizzamanforAu on Mar 16, 2018 1:12pm
Goldhunter...You might already know this but IMG is presently in two JV projects with Tomagold up in Quebec,  Is there a possibility that might be the reason why Quebec was excluded?  Thoughts? 
Comment by Hollingerboy on Mar 16, 2018 1:00pm
NRookie.....simply means they cannot sell this issue to PQ residents.....not a major issue...Quebec has different rules and regs.......like immigration, Qpp etc...........also, yes who knows ...Iam has marketcap + cash and financing option to take a run at ELD at these depressed prices ( ELD that is).......takeout the whole enchilada......time will tell! HB 
Comment by goldhunter11 on Mar 16, 2018 10:58am
HollingerB, Yes, IMG still has 2% of AZX (see Fact Sheet). Interesting that you said "PRB, AZX and old ICG look attractive in one sweet package". But, the old ICG has been swallowed by ELD and ELD is proceeding with the development of Lamaque project very well. There is some speculation that ELD may try to acquire AZX (and perhaps PRB as well?). But, ELD may need to watch its back as ...more  
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