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 Narcatson Oct 10, 2017 11:58am

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Post# 26794765

Very long term story

The only thing I can add is that NXS has become a very long term exploration play, especially at the Niangouela deposit where it will take years before we have any indication of resource potential. And the question is how many cash it will take to drill this out at current share price. The company better stop all activities and wait for higher share price before doing any financing.

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