Alexandria Minerals Corp ALXDF

Fwiw.......

[goldopportunity]

Alxdf closed at usd .07  =  cdn .0882   (boc 1.2609 close)

Alxdf and azx sp recovered 60% from their respective friday low/high range -- very bullish.  Both stox easily closed above their 50 and 200dma -- very bullish.  

A well-connected friend PM'd me and relayed that friday's drama was actually a media coup for alexandria that will bode well for the sp.  If we weren't on the radar before, we certainly are now, and in a very positive way.

========

Like alexandria, all gold indices recovered quite a bit from session lows.  Gold is still above important $1310 support.  Dow also came off session lows and closed above 24K.  10-year treasury yield still above 2.80%.  And the US$ looks like it's made a st high imo.


Bottom-line:
What happens on monday?  Alxdf and azx will both close higher.  There may be a bit of trepidation to start the day as some uninformed sheeple may want to sell.  The pros most likely will start off with low bids and #s, and maybe even put up some supply on the surface ask as a scare tactic.  After any initial selling, we could have a mexican stand-off, followed by higher bids as smart money starts chewing thru the dwindling ask supply.

I've read thru all the posts you guys have written and I'm quite impressed.  There are a lot of very smart minds on this board.  There appears to be a general common consensus on many things  --  all very positive for the sp imo.  

I'm very glad we have sprott on board, and apparently in charge.  The guy's brilliant, that's why he's a billionaire.  He's going to give us the best bang for our buck.  There's a helluva lot of good news that's about to be released.  So we buy more if we can and just sit on our hands.

So we'll see what happens.  Always stand your ground in markets and in life.   Jmvho.    

P.s. If I'm correct that the us$ has made a st high, then I expect the grossly oversold gold/silver indices to close higher going forward.


goldopp