Alexandria Minerals Corp ALXDF

AZX VALUE

[Magrath101]

My thoughts on value of AZX. There is as of now app 1.4 million ozs in the Quebec assets. If the new RE comes out with an additional 400,000 ozs and that is minimum there could be many more ozs than that. That would raise the ozs to 1.8 million. At present value of $30. oz
that means the Quebec assets would be worth only $54 million. I think that the minimum should be $65. oz. that gives the Quebec assets a value of $117 million and that still seems quite under valued. That would mean a share price of .20 cents and as I said seems way to low for these assets. The Ontario and Manitoba assets might be spun out into a ''NEWCO.''
We wait and see.

[goldhunter11]

Magrath, A convenient company that can be conveniently used as a benchmark for comparison is our JV partner, PRB. It has about the same resource estimate but with an much higher Matket Cap - RE: 1.4Moz (I = 0.682 Moz + Inf = 0.722 Moz) - Cap: ~$101M ( $126-25 M cash) - OS: 94Ms, (100 MsFD) So, per Indicated oz = $101M/0.682Moz = $148/oz insitu, a hefty valuation for PRB Indicated oz. Per Total oz

[Currower]

Exactly. The comparable to Probe minerals gies an immediate upside to Alexandria of ONE HUNDRED AND FIFTY percent. That is why I am a buyer. If I can buy a property because of a motivated seller that is identical if not better than it's neighbouring property which sells for more than double of Alexandria's ask I buy it. The ability to invest in this gift at this price will end shortly

[Shylock]

Currower - You are precisely correct. This is exactly how the Oracle of Omaha made his gazillions. You buy it when it is cheap/despised and sell it when it is dear/beloved. I know this is very hard to do but it is also so that the greatest and most successful stock marketeers and traders used this same identical method with very little variance.

[Shylock]

"The stock market is never obvious. It is designed to fool most of the people, most of the time." " Emotional control is the most essential factor in playing the market. Never lose control of your emotions when the market moves against you. Dont get too confident over your wins or too despondent over your losses." " There is nothing new on Wall Street or in stock

[Shylock]

The present share price is GROSSLY depressed and still would be so at $0.25. In the words of John Lennon in "Imagine," "you can call me a dreamer but I'm not the only one . . . " Frankly, in a rising gold price with rising prices secondary to inflation and low real interest rates, I would not be at all surprised to see our little gem here at $1.25. And no, Jim Beam is not

[1971Geddy]

I’m with you Shylock.  I’m not selling for less than 1.25/sh.  A double or triple banger won’t cut it. 

[RYUcan]

Agreed. Should be nowhere near $0.25. We will see how this is being played in the RE. JMO.