GREY:ALXDF - Post by User
Comment by
Shylockon Feb 16, 2018 1:04pm
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Post# 27573376
RE:Eldorado Gold in the biding for Alexandria Minerals ?
RE:Eldorado Gold in the biding for Alexandria Minerals ? ELD, the little gold company that couldn't, I certainly hope is not foolish enough to try to bid for AZX. They already have their hands full with Integra in a bid to save themselves from themselves in Greece, Turkey, Romania and other garden spots.
It better work for them in QC or they are toast.
Meanwhile, back at the ranch the EO affair has turned out to be a non-event. So long as management is on the whole competent the only thing the market cares about is GOLD and lots of it. What will drive AZX is GOLD PROVED UP and the more the merrier.
Just before a volcano blows, there are often little earthquakes and tremors and other evidence that things are in transition. Well, the same with a promising junior gold. Alexandria is a very valuable property and it should be taken over by a company which knows what it is doing. That is NOT ELD. Just look at the pitiful price of ELD!
Alexandria needs an Agnico-Eagle or something of that caliber, not a struggling gaggle of buffoons who have made one mistake after another and bring no credibility to AZX.
And now by the way, AZX having doubled, it will not make any difference whether it stays at the present number of shares or consolidates. It is destined to rise one way or the other as that gold is proved up. That was not the case at half the current price.
GLTA