Alexandria Minerals Corp ALXDF

Fwiw.........

[goldopportunity]

Alxdf closed at usd .074  =  cdn .0956   (boc 1.2927 close)

Alxdf up 6.47% on almost 5x more volume.  And look at that wide usd .0145 spread between the best ask/bid.  Remember, the wider the spread the more they covet your  valuable alexandria shares.

Azx down more than 5% on higher volume.  Most of the day's trading was in the early am at cdn .09.  Good bids throughout session.  Btw, most of the trades at the .065 low were cross-trades -- smoke and mirrors courtesy of the mm idiots.

Bottom-line:
Maybe we get the resource estimate tomorrow, or maybe we don't.  But we do know that the re is coming, along with a slew of other news.  But the biggie is the resource estimate as it will give prospective buyers pretty accurate and up-to-date data on gold #s and grade cut-offs.  Like easycoder so aptly said: "I can wait another few days or week."  

So here's what I think could happen tomorrow if we don't get the re before the open.

Alxdf's chart would seem to indicate that sp may test today's low, and could close the gap to usd .0695, maybe even get a tad lower.  Bids and #s may be even lower than usual as traders try to psyche out weak hands into selling.  You could expect the mm idiots to lower the best ask and goose the #.  By the close, I would think sp will be .07+.

Azx's chart tells me the odds favour sp testing today's close.  The idiots may follow their otc counterparts and lower the surface bid # while substantially raising the surface ask supply.  Sp I think would close at cdn .09.

So tomorrow your resolve could be tested.  You'll find out if you're a chicken-sh!t or if you have the stuff that makes a good trader.  We already know the re will be released shortly, (tomorrow or a week or so).   And we pretty much know that alexandria will be sold in whole or in pieces.  What we don't know yet is the who, what and when.  

I for one put faith in market forces.  While gold stox generally have had a tough go of it lately, alexandria's SPs have stayed in a pretty consistent sweet-spot for the past month. 

So we'll see what happens.  All you have to do is stand your ground, folks.     Jmvho.


goldopp