Alexandria Minerals Corp ALXDF

RE:RE:Fwiw.......

[goldopportunity]

Hey LRG  --  I see your point about the updated RE....and you could be proven right.  However, I lean on the side of what do I know now?, what are reasonable m&i gold oz expectations? and what is the other guy gonna do?  

I could totally see eld making a bid for alexandria as it would further compliment and increase the value of their integra aquisition.  Unfortunately, I think a eld bid would most likely be at best half cash/half share offer.  If this were the case, I'd sell on the gap-up and then buy eld on the subsequent sp decline as I know the alexandria aquisiton would give eld massive appreciation down the road.  So, I agree with you on this point.  So if I were eld, I would go ahead and make a takeover offer.  It would make perfect sense.  What say you?

Also, I'm pretty sure that aem and g have had some "exploratory" discussions.  I'm sure each of them think they have a lock on a takeover, or maybe even a mutual takeover.  However, I wouldn't rule out a "rogue" offer that would pay all cash.  Think about it.  Let's say you're a savvy hedge firm, or even an individual with deep pockets who has the foresight to know that gold will be trading much, much higher a few years down the road.  You buy while the sp is suppressed and then sell off portions as the pog rises and/or enter into JV agrrements.  It's would be a win-win.  


Bottom-line:
Friday's closing cheap market cap only increases the probability that "something" will happen before too long.  As I've said, when a buy-out is announced, it'll be too late to buy.    Jmvho.




goldopp