Does AZX have something ?
On June 29 , Marine2 posted and wondered if Alexandria Resources might have found something on their Airport property , which is south of ICG 's Triangle property. Well..............maybe. On April 13 , 2016 AZX announced a drilling program. " We have identified a number of Triangle-zone-type drill targets on our Airport property and are looking forward to the results " On May 30 , 2016 AZX announced a 4 million dollar private placement financing , which was increased to 5.1 million on June 22 due to investor demand. Agnico Eagle participated in this financing. Then on June 24 , AZX announces a resumption of drilling at their Airport ( Triangle Too ) property. " As part of this of the first steps of this first 3000 metres program , one of the company's recently drilled holes intersected a diorite plug , the main host rock on the adjacent Lamaque property , less than 500 metres from the Triangle zone. I note that there have been no drill results released yet from the drill program at Airport started on April 13. I also noted a cross of 16,244,000 shares on June 24 @ .06 per share. On June 24 , a total of 17,019,750 shares of AZX traded. AZX has plenty of cash to test their theory of further diorite plugs at Airport. And we still have no drill results from the April drilling , which apparently sparked the financing.