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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Post by production05on Jan 17, 2016 2:45am

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Post# 24466036

Canada gold price within 10% of all time high (mthly close)

All of Alexandria`s properties are located in Canada.

The Canadian gold price is currently $1,583 per ounce.

I read that the Canadian gold price is now within 10% of its all time high (monthly close). I don`t have the exact number handy, but being within 10% would imply the all time high (monthly close) was around CAD $1,760.

The all time high Canadian gold price (daily close) was CAD $1,883. The current price is only16% from that figure.

In addition, on the cash cost production side, the oil price has become more favourable. The WTI crude oil price was in the ballpark of CAD $100 per barrel (when the CAD/US currencies were around par). The oil price is now CAD $43 (US$29.70). That is a significant decrease. Fuel is a major input cost for gold production.

Historical gold price chart (daily close):

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