Alexandria Minerals Corp ALXDF

RE: NR Dec.10 - Drilling and Results Pending

[paperboy222]

This is great news from the company on current actitivitys.

==

In other matters, the Company is currently in progress with a Preliminary Economic Assessment ("PEA") of its Orenada gold deposit located 12 km west of the Akasaba property. The study will consist of two phases: the first phase will evaluate a stand-alone operation, the second phase will focus on an outsourced (contract mining, custom milling) operation. Results of phase 1 of this study will be released early in the new year, to be followed by the phase 2 study.

This means revenue  == to bring the yellow out of the ground., if they went with  the 2nd phase of outsourcing some custom milling== who would that be?? there are a few top notch mills in the area that could use some capicity and have maching time..

For whats it worth.. I will bet this adds enough value  for to come into play real quick., I maybe increasing my holdings based soley on how real & the possibilty this will happen.. Now who would be there for such a marriage?

Shame the Market doesn`t even wink in the direction of this stock , Seriously undervalued , trading lower than 60 cents, when so many others havent proved anything to-date and are trading at higher multiples.

Cheers