ALX Resources Corp V.AL.P

Primary Symbol: V.AL Alternate Symbol(s): ALXEF

ALX Resources Corp. is a diversified mineral exploration company engaged in exploring a portfolio of mineral properties in Canada, which include uranium, lithium, nickel-copper-cobalt and gold projects. Its uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project, the Bradley Uranium Project, and the Javelin and McKenzie Lake Uranium Projects, a 40% interest in the Black Lake Uranium Project, and others. It also owns 100% interests in the Firebird Nickel Project, the Flying Vee Nickel/Gold and Sceptre Gold projects, Blackbird Project, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. It owns a 50% interest in eight lithium exploration properties, collectively known as the Hydra Lithium Project, located in the James Bay region of northern Quebec, Canada, a 100% interest in the Anchor Lithium Project in Nova Scotia, Canada, and others.

TSXV:AL - Post by User

ALX Resources Corp

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Comment by STOCKRUSon Feb 15, 2017 3:20pm

169 Views

Post# 25850814

RE:??

It's very possible .......in the jr markets this can happen

One stock that I recently saw was a MJ stock do a $0.105 PP and their market was $0.50-.0.60

Usually management has a PP in the works and reserves a price with the TSX Excahnge and proceeds.

In some case the business plan is so good that the market takes off before the company can close their PP .....

It happend with the MJ stock with $5M raised at $0.105 and the market was and is still is over $0.50.

S

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