Alexandria Minerals Corp ALXDF

AZX SALE

[Magrath101]

I think Alexandria would be a good fit for Eldorado. they could buy all of the assets for $120 million or so. They could keep Orenada and the triangle zone and have more feed for their sigma mill. It is possible that these zones could hold 2 -21/2 million ozs. They could sell the balance of the Quebec assets which altogether have 834,500 measured indicated and inferred ozs to Probe and still leaving the Ontario and Manitoba assets that they could sell. Could happen. JMO

[Schmoby]

You could win the lottery too...Maybe you could run your scenario past the management at AZX and ELD, seems clear you're on to something realistic and plausible...

[goldhunter11]

Magrath, Agree that AZX would be a good fit for ELD, since Triangle deposit and the Mill are within a stone throw.  But the question is would AEM and ES would allow ELD to come to the table, unless the offer is just too good to ignore. Fo that scenario ELD would need to come up with much much more than $120M, and nobody would want to hold ELD shares, in view of the Greece and Turkey