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ALX Resources Corp V.AL.P


Primary Symbol: V.AL Alternate Symbol(s):  ALXEF

ALX Resources Corp. owns interests in a diverse portfolio of mineral properties and explores for nickel-copper-cobalt, uranium, and gold in Canada, and VMS in Scandinavia. The company executes programs using the latest technologies integrated with available historical data for maximum exploration value. Its projects include Falcon Nickel and Hook-Carter uranium in Saskatchewan, Vixen Gold in Ontario and Draco VMS in Norway


TSXV:AL - Post by User

Comment by Energyrunsearthon Nov 26, 2020 10:25am
56 Views
Post# 31978101

RE:RE:RE:Hard to believe that anyone is stupid enough to be selling

RE:RE:RE:Hard to believe that anyone is stupid enough to be selling
sage4050 wrote: With stock selling a little over 3 cents if the downside is only a couple of pennies it means you lose almost everything.  The problem here is the market values it a about 3 cents or so which means the stock is virtually WORTHLESS.  Normally with all these great properties it should be selling at least 15 to 20 cents.  What is holding it back?  Maybe worried about past performance details.


Lots of reasons for the short sellers to be trying to get as much out of this while the gold finishes its rut here, Also with the project falling behind initial projected date, there was more fuel for their fire.

The nice thing is I was able to benifit by getting more shares at a reasonable price before we hit some good targets.

Or, Even.. the short sellers are predicting we hit nothing....
Only time will tell.
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