Alexandria Minerals Corp ALXDF

RE:RE:RE:RE:CURRENT CORPORATE PRESENTATION JUNE 27,2016

[Poriemon]

My concern is that they are obsessed with exploration rather than any sort of development. Without development your options for raising funds are dilution or selling assets off.  

Given, once AEM starts mining Akasaba or ICG starts mining their properties, there will be a rather decent royalty stream that comes in, however management never talks about those which leads me to believe they either don't consider that they will bring in meaningful cashflows in the near term or they simply don't understand the current shareholder's concern at the dilution. 

Let's say AZX finds an amazing gold vein with several nuggets over a decent length.  The share price will increase yes, but the company still can't move forward without additional financing.  

1) Do they undersell the property to AEM for a lump sum and some future NSR? Rinse repeat with a new possible exploration target? Do this enough until your royalty stream is significant (several years down the road)?
2)Or do they dilute, do more test drills, dilute, get an engineering report, dilute, do a feasabiltiy study, etc?  

They need something that will generate cashflows short term.  That's the value of the pit mining plays close to mills etc that we've all heard about, but why don't they utilize them?