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ALX Resources Corp 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 xcapitanon May 26, 2022 9:37pm
288 Views
Post# 34710924

I feel it coming

I feel it comingWarren Stanyer: Well, when we started UX Corporation in 2002, people thought we were crazy to be involved in uranium. I had people tell me that. Why would I want to buy that? The IPO was 25 cents. Our first trade on the first day of UEX was 24 and a half cents. It never even saw 25 on the trading platforms. And we eventually sagged to about 8 cents a share in 2003. So a year later, we were down in the dumps and nobody wanted us. And then all of a sudden the spot price started to move. So suddenly we were at 25 cents by the end of 2003 and we made a discovery, sorry, we a deal with Orano at the time they were called Areva in early 04, suddenly we were 50 cents. Then we discovered Black Lake in September. So suddenly we were $1, and then $2 and then three and a half and four and five. And then finally we were, well, when I left the company, we were at $7.50. So that was an incredible run. The second one was Patterson Lake. ESO Uranium, down in the dumps again, it's that rags to riches story. We were at 2 cents. We rolled back on Friday, November 2nd, 2012. So now we're at 20 cents and no one knows our new name or symbol, scrambling around trying to sell us. The next day, I got an email that there was a discovery of uranium at Patterson Lake, which has now led to the outlining of over 400 million pounds of uranium from Fission. Now with that deposit, Triple R, and NextGen with their arrow, which is on trend to Triple R. So that was an amazing ride. On the morning of November 5th, we announced the discovery jointly with Fission Energy at the time. And I think we were a dollar by the end of the week or a week later, and then $2 and then $5. And we were bought out at $7.62. GLTA
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