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Alexandria Minerals Corp ALXDF

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over 460 claims, located in Bourlamaque, Louvincourt and Vaquelin Townships. The manitoba properties include


GREY:ALXDF - Post by User

Post by goldopportunityon Nov 13, 2017 6:28pm
98 Views
Post# 26955271

Fwiw........

Fwiw........Alxdf closed at usd .0483 = cdn .0612 (boc 1.2683 close) Inside day all around. I thought we'd push past usd .05 but the mm idiots put up that big supply. Doesn't matter as they played their hand, and it's bullish for us. Let me run a couple of observations past you: 1. today's volume was around 37% of last week's total, and 2. the majority of the trading ranged from around today's print and above. In short, bullish buying interest mostly at the highs of the day. Love it! I'm sure the mm idiots knew the sp would have gone higher today if they hadn't intervened. But by putting up that big supply and low-balling the bids (and #s) they were signalling they know this baby is about to pop. The idiots think counter-intuitively. So at 10:45 am they figured, "ok, no news today so let's see if we can scare up shares from some weak hands". Hence the big supply at .05. "So far, so good", they must have thought. But there was no low-hanging fruit to be had, except for maybe a couple of manufactured trades down at the lows. Bottom-line: We're one day closer to getting an nr on the assays from those 70 remaining holes. 70 HOLES!.....that's huge, folks!! We also know that the resource estimate promised by the end of january (at the latest) will include these 70 holes. It doesn't take a PhD to figure that something will be coming down the tubes very, very shortly. We also know the sp hasn't factored in all this year's stellar NRs. Plus we know that alexandria management has the share consolidation option in its back pocket. In short, the only 3 things we don't know are: 1) what will the assays #s be for those holes?, 2) when will the roll-back be invoked?, and 3) how will the market react? Exciting times just ahead. You don't want to be thrown from the train now because of some dumb-a$$ mm idiot -- that's for sure. Remember, you gotta be in it, to win it. So we'll see what happens. Always stand your ground, folks. Jmvho. goldopp
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