Alexandria Minerals Corp ALXDF

RE:RE:RE:RE:RE:I'm predicting,

[goldhunter11]

LRG,
Thanks very much for your response. Will dig into the details and come back if I have any additional info to share.
Cheers,
GH
--------------

LRGreturns4me wrote:
Hello Goldhunter11, It is personal speculation that ELD has bought on the market through an "agent". The link below is to the ELD Operational Update on 1/16. Read through to pick up all of the data on Lamaque and cross reference that data to the old ICG PEA and you can see that ELD will be in production in early '19. THE ICG PEA anticipates 135,000 oz production in its first production year and 150,000 maximum. The mill can be upgraded to 2,500 tpd, so there is room for capacity. From the ELD NR: Completed acquisition of Integra Gold Corp. ("Integra"), commenced pre-feasibility work (including test mining), and advanced construction of the Lamaque mine and refurbishment of the associated Sigma mill. and 2017 Exploration Review Highlights of the Company's exploration program in 2017 included: Lamaque resource upgrade and resource expansion drilling: Over 31,000 metres of drilling at the Triangle deposit were completed since the July acquisition of Integra. Drilling has confirmed the quality of the current resource and highlights the upside potential of the Lamaque project, including high-grade intercepts from new zones at Triangle. and Lamaque During 2017 the Company completed the Integra acquisition and began work at its 100% wholly-owned Lamaque project. In addition to the ongoing resource upgrade and resource expansion drilling, the Lamaque pre-feasibility study continued on schedule and is expected to be complete with maiden reserves by the end of the first quarter 2018. During 2017 test mining extracted 47,750 tonnes of ore with an average head grade of 8.6 g/t gold, with approximately 35,400 tonnes processed at a nearby custom milling facility. Results from the first two batches (32,000 tonnes) indicate that gold grade was in line with expectations and recoveries were slightly higher than anticipated at an average 95.4% for the toll treatment. Capital expenditures at Lamaque in 2018 are forecast to be $120 million, including $20 million of capitalized mine operating costs. The Company expects to extract roughly 200,000 tonnes of ore grading 7.29 grams per tonne gold, containing approximately 40,000 ounces and anticipates toll milling a portion of the ore and producing 15,000 to 25,000 ounces. Commercial production remains forecast for 2019 and is expected to be confirmed with the release of the pre-feasibility study. My thesis is based on the ELD desire to have a "district scale" project in a safe jurisdiction so acquiring AZX is logical. I do not see AEM as an obstacle and Sprott like to make money so he will be OK with a good price. For me, I think it will be a Plan of Arrangement for the Cadillac Break properties only, giving AZX the cash to start drilling the other properties in the portfolio as LED will not want the non core assets of AZX. Here is the ELD NR from 1/16/2018: https://www.eldoradogold.com/news-and-media/news-releases/press-release-details/2018/Eldorado-Announces-Preliminary-2017-Operational-Results-and-Partial-2018-Guidance/default.aspx Best of luck to all LRG