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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

Alexandria Minerals Corp > The Match Period...?
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Post by Goodbadandugly on Jun 28, 2019 1:52pm

The Match Period...?

The match period has been reduced from 10 days to 5 days.  So I am wondering, if this period expires, does that mean no company including AEM can make a takeover bid after the 5 days??
Comment by Smitty17 on Jun 28, 2019 2:08pm
No question this is an inferior bid. I wouldn’t be agreeing to it even being up 25% as that evaporates as soon as Chantrell opens. Probably less than$3/share. AEM should have almost agreed to the original offer at 0.04c and waited for that to tank upon opening, then take out Chantrell as most of us would have agreed to that.