Alexandria Minerals Corp ALXDF

Initial observations - financing

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1)  Peter Gundy announced as chair of the board yesterday and Eric Sprott announced as a shareholder of Alexandria today.  Gundy founded Potash Corp and everyone knows about Eric Sprott`s status in the gold industry/community.  These two should help with visibility with Alexandria - something Eric Owens has struggled with, in my humble opinion.

2)  As another poster hinted, Eric Sprott usually also buys shares on the open market - to reach his quota.  This could partly be why the share price hit $.08 today.

3)  The warrants expire in 24 mths (instead of 36 mths - like previous financing).  It would suggests that Eric Sprott and friends are willing to provide the next round of financing - $3.7 million ($.09 warrants).

4)  ``Recent high grade gold assays at Orenada have been encouraging, leading management to ramp up activities in its efforts there.``  It looks like Alexandria will be going more aggressive at Orenada.

5)  It`s not clear if Peter Gundy and Eric Sprott will push for consolidation in the area.  If so, it is possible that they might want Alexandria to be the consolidator.  Rolling back the share count, without any supporting business (accretive) activity makes zero sense.  The share price would eventually crash back down (especially during gold price correction periods, even small corrections), without a corresponding (accretive) business activity.  Us little guys would be wiped out.  History has demonstrated this hundreds (or thousands) of times - there have only been a few exceptions in the junior gold space.  An accretive business activity is mandatory, if the shares are to be rolled back.  An accretive consolidation in the region would be one of those situations (to roll back the shares), with Alexandria being the consolidator.