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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 ggrelletteon May 09, 2023 12:00pm
118 Views
Post# 35438655

RE:10-1 reverse split .05 Private Placement

RE:10-1 reverse split .05 Private PlacementFirst of all, the POG does NOT drive the shre price higher in these EXPLORATION stocks so that is just a misunderstanding of what the POG does affect. POG only impacts jr. producers and/or those about to become a producer. Obvious it certainly has a tremendous impact on senior producers. A PP of 5 cents is what will come after the RSS once it has dropped back down and it always does. The LONG term existing shareholder will probably never see their initial investment come back to them. RSS puts existing shareholders at a HUGE DISADVANTAGE from a dollar point of view.
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