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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

Post by SilverBellson May 11, 2021 4:02pm
207 Views
Post# 33175686

Question Answered

Question Answered
Got a reply back from the regulators of the Venture exchange about the trading volume not posted (email below). Apparently there are many different exchanges besides the Venture that trade Nexus shares. The Venture is actually a small percentage of the total volume. On May 3 volume on the Venture was less than 300,000 shares but total volume in all exchanges was 4,072,000. I would like to think most shares were sold at a higher price. Point being Nexus is a very heavily traded junior explorer. It's going higher once we get rid of these low ballers.


The TSX-Venture forwarded your email about the trading volume of Nexus Gold Inc. (NXS.V) on May 3, 2021 to us.  We are the Investment Industry Regulatory Organization of Canada (IIROC).
 
IIROC is the national self-regulatory organization that oversees all investment dealers and their trading activity in Canada’s debt and equity markets. IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while supporting healthy Canadian capital markets. IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of more than 170 Canadian investment dealer firms and their more than 29,000 registered employees, the majority of whom are commonly referred to as investment advisors. IIROC also sets and enforces market integrity rules regarding trading activity on Canadian debt and equity marketplaces.
 
The total traded volume for NXS.V for May 3, 2021 is 4,072,000. Please note that the volume data provided by your brokerage firm may be limited to the TSX and TSX-V only and may not include from the other 13 equity marketplaces.  Here’s a link to the equity marketplaces IIROC regulates:
 
https://www.iiroc.ca/industry/Pages/Equity-Marketplaces-We-Regulate.aspx
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