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Alexandria Minerals Corp ALXDF

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over 460 claims, located in Bourlamaque, Louvincourt and Vaquelin Townships. The manitoba properties include


GREY:ALXDF - Post by User

Bullboard Posts
Comment by production05on Jan 23, 2015 6:24am
131 Views
Post# 23354790

RE:More bought deals in PM sector today (far bigger too)

RE:More bought deals in PM sector today (far bigger too)
Cdn gold price now up to $1,609, with US being $1,296. Assuming current US/Cdn exchg rate, Cdn gold price can get to $1,700 with US$1,370 price. At some point, (you would think) the substantially higher Cdn $ gold price will make Alexandria-Murgor`s 5 existing gold/gold-copper Canadian deposits - plus the 2% West Zone Canadian NSR - more attractive (never mind a number of additional (very high potential) Canadian exploration property). Other recent (large) bought financing deals in the precious metals space: 1) Yamana Gold announced a C$260 million deal on Jan 12/15, 2) Pretivm Resources (Cdn$100 million) - not an institutional bought deal, but on Jan 16/15 Pretivm closed a C$81M deal with China`s giant Zijin Mining Group and on Jan 21/15 a C$18.3M deal with existing shareholders, 3) Platinum Group Metals closed a US$114 million deal on Dec 31/14.
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