Fwiw…….Alxdf closed at usd .05 = cdn .0609 (boc 1.2182 close)
Upper inside day........sp unchanged......low volume......low-ball bids. A normal day to some, but not to me. There was one glaring difference from most other sessions of late. And that's just about a total absence of shares offered for sale. And the spread between those asks is considerably widening. Also, most of the other very few asks left on the closing market depth were for only 10K each. Yup, traders are fully expecting top dollar, and they'll get it, too!
Oh, and I had to laugh. Remember yesterday (thurs) when clown canaccord put up those 158K (at one point) on the ask? Poof.....gone! Smoke and mirrors or what. Instead, the canuck clown only had 19K up for sale (at usd .0595 no less!), and was reduced to hiding most of the day behind the coattails of crony idiot citadel on the best bid. Yeah, pretty embarassing I'd say.
Bottom-line:
So we finish the week with higher bid #s tightening, and lower ask #s widening. In other words, high demand and low supply. According to the laws of supply and demand, this will translate into a higher sp. Now you can still expect drama courtesy of the mm idiots, but I think we'll see an overall upward trend in alexandria's sp going forward.
Also helping the cause will be anticipated "further strong drill results in the coming weeks", a re to be released before year-end and a rising gold price. That's quite the trifecta that will see even more serious money flowing into alexandria.....and higher prices as a result.
Enjoy your weekend, folks. We finished the week in very good shape. Stand your ground. Jmvho.
P.s. hey, nel -- tks for the shout-out. Yeah, the noise from those 2 idiot losers was actually quite laughabale. You're right, alexandria's continuing great fundamentals are really rattling those who don't own alexandria. If they want in on the action, they'll just have to pony up. Plain and simple.
goldopp