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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

Comment by goldopportunityon Mar 05, 2018 9:43am
175 Views
Post# 27660475

RE:RE:RE:AZX New Fact Sheet (March 2018)

RE:RE:RE:AZX New Fact Sheet (March 2018)Hey GH  --  so even before alexandria's still-to-be-released RE, we have 1.41 Moz (m+i and inf) for the cadillac break. How does this compare with what you wrote about probe's valuation based on their indicated and inferred updated RE?  Are we talking apples to apples, apples to oranges?

GH wrote:  "Currently, PRB MktCap of ~140M assumes 140M/1.4Moz = ~$100/oz in-situ."

Unless I'm reading something wrong, it would appear to me that alexandria with a mkt cap of cdn $43M is extremely under-valued and/or prb is very over-valued????  What say you?   Jmvho. 


goldopp


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