GREY:ALXDF - Post by User
Post by
willibrichon Jul 27, 2016 11:16pm
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Post# 25090568
Retail Investors have historically
Retail Investors have historically
been their own worst enemies. They normally have no professional guidance or advice to help them with their entry and exit decisions when investing in junior gold exploration companies. They are notoriously quirky. A herd mentality often prevails. Retail investors have historically provided '' seed money " that has in fact made possible many gold mine discoveries in Canada. Discoveries which likely would not have otherwise been made. It takes a ton of drilling to define an economic gold deposit and confirm a geological model on which it is based. So retail investors must be patient while the story unfolds. But , how can they be confident in the absence of good information. That is why I once again thank production05 for the valuable information conveyed to everyone. It is exactly this kind of company site specific information which is needed. I see that our C.E.O. Eric Owens has told us today that 2 new intrusive plugs have been identified , out of 4 holes drilled. It looks as if our C.E.O. is trying to update shareholders as much as he can. And I am impressed by the AZX geologist who identified the drilling locations. AZX has found what they have been looking for very quickly. This story is early in the first inning. Alexandria now has the money to properly drill up their claims. Finally , for me , my confidence was greatly lifted after the $ 5.1 million over subscribed financing. The professional money managers became my de facto personal financial advisors and confirmed my prior decision to invest in Alexandria. It will be an extremely interesting summer. We should have some assay results from the intrusive plugs within a couple of weeks. And the fact that more targets have been identified to the southeast is very promising. Once again ....thank you productio05 !