Alexandria Minerals Corp ALXDF

Metals & Mining Industrial Metals & Minerals

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

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Alexandria Minerals Corp

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Comment by Poriemonon May 06, 2015 5:13pm

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Post# 23701709

RE:RE:RE:RE:RE:Insiders sells 144,000 shares at

The options only give the right to buy the share at a certain price, and I think hrattle has nailed it on the head saying (in my own paraphrased version) that there's no reason for someone to exercise the options and then sell the shares at the same price as the exercise price.

Also, don't SEDI filings generally have to show an acquisition of shares through exercise of stock options as an acquisition of shares by the shareholder? So we should see an acqiusition and a disposition. I'm not 100% positive on this though.

But to speak to your original point, I agree that it's not a large position, any of the directors and/or management have much more. Probably just funding someone's upcoming wedding or something.

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