Alexandria Minerals Corp ALXDF

Metals & Mining Industrial Metals & Minerals

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

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Alexandria Minerals Corp > take over

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Comment by goldhunter11on Mar 01, 2018 3:02pm

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RE:RE:RE:RE:RE:RE:take over

NP,
My current theory for AZX would not cover companies that are not "close enough" from the neighbourhood, and Hecla would belong to that bin. It's doing something in Opicana, but somehow Hecla is not on my radar screen. Interesting to note that its Market Cap ($1.4B) is higher than ELD ($1.1B) and quite strong on Ag.

Talking about ELD, I would say that "be careful, a bigger fish may be watching!" considering the value of ICG and its cash hoard and marketable equity. A major might ignore the ELD exposure to Greece and Turkey and take a run at it, just to get the Canadian assets and the cash (divest the rest later).
Cheers,
GH
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NextPhase wrote: GH,

Yes, that is my initial impression too. Outside of Osisko, Probe Metals, and El Dorado, who else do you think is most likely? I think Hecla Mining could be a possibility, but I haven't explored this too closely yet.

Thanks,
NP

goldhunter11 wrote: KL/ES: too busy with Australia, where they go after billions of dollars worth of Au-bearing conglomerates.
GH