Alexandria Minerals Corp ALXDF

RE:Updated Analysis on Alexandria by Gold Silver Data

[nelson11]

Interesting Para from Goldsilverdata----- Summary (from last analysis - 02/14/2015) Alexandria Minerals appears to be a project generator, but they claim to also be a developer. When I see a company with an advanced project and all they plan to do is drill that is a sign they have no intention of building the mine. Their main project called Cadillac Break is in Canada (Quebec) on a 20 mile trend (30,000 acres). They have three discoveries that are ready for a JV deal: Orenada (750,000 oz at 1.3 gpt), Akasaba (850,000 oz at 2 gpt), and Sleepy (150,000 oz at 3 gpt), which is growing in size. The problem with this stock is valuation. How do you know what deal they will make? Will they sell the properties for $20 per oz of gold in the ground? That would not be good for investors. However, if they make a good JV deal, then it could be a 10 bagger. These types of new project generators have very high risk because it is impossible to know what kind of deal will be made. The only thing we know is that these deposits will likely be mined. With 1.7 million oz of gold resources, this company has more value than its low $7 million FD market cap. ----- If they do build and operate these mines, then this could easily be a 20 bagger long term. Another positive is they doubled their properties in 2014 by acquiring Mugor Resources for $2.7 million. They have a lot of drill targets in Canada, and very low market cap. I don't see a lot of downside. It's probably a steal at this value. They have $2.3 million in cash and no debt, and seem to be able to raise money when they need it.--- Sort of wonder what AZX long term intensions are.