GREY:ALXDF - Post by User
Comment by
hilleson Aug 27, 2016 2:32am
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Post# 25182916
RE:Financial are out....
RE:Financial are out.... OUTLOOK The Company made considerable progress during a year which started out to look like the 4 previous years: Alexandria digested its buyout of Murgor Resources; completed a $1.9 million equity financing in the Fall of 2015; continued its Porphyry exploration program and began its Triangle Too exploration program; increased its property-wide mineral resources at Wim and Hudvam; and it continued its underlying forwardthinking drill targeting activities. With one of the largest property packages along one of the most prolific gold-producing belts in the world, the Cadillac Break Tectonic Zone – Alexandria owns 10% of the known length of the Cadillac Break – the Company has a diligent and focused exploration program underway. Its budget for the coming year will continue the programs, with adjustments to expenditures and work programs as necessary based on results and available capital.