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.

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ALX Resources Corp

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Post by InvestorOon Apr 22, 2017 7:40pm

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Post# 26153475

Gold Edges Higher Ahead of French Election in Metals Trading

Investors turn to safe-haven assets on political fears

By

Stephanie Yang and

David Hodari

Updated April 21, 2017 2:56 p.m. ET

0 COMMENTS

Gold prices edged higher Friday as investors turned to safe-haven assets on fears of political turmoil ahead of the French presidential election.

Gold for June delivery settled up 0.4% at $1,289.10 a troy ounce on the Comex division of the New York Mercantile Exchange.

Demand for precious metals has been boosted in recent weeks by political jitters, especially in France. If either Marine Le Pen or Jean-Luc Mlenchon—respectively the far-right and far-left candidates—progress to the second round of voting, investors may next week take flight to gold as a haven, Commerzbank said in its morning note. The first round of voting in what has become a four-way presidential race begins Sunday.

Wall Street Journal

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