Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by goldopportunityon Apr 11, 2018 9:00pm
112 Views
Post# 27870548

Fwiw..........

Fwiw..........Alxdf closed at usd .07  =  cdn .0880   (boc 1.2584 close)

Breakout up moves today in gold and gold indices.  Interesting that spot and gold futures made 52-week highs intraday.  The gold indices, on the other hand, are still only in the middle of a weekly channel (some sloping) that began in january 2017.  Clearly gold stox have more than ample room to play catch-up big-time with gold.

Of course, it's the senior and intermediate golds that reap the major initial up moves on a breakout.  That's why many junior golds, including alexandria, were basically range-bound today.  

Bottom-line:
So what happens tomorrow?  I suspect alexandria will again trade within today's perimeters.  The mm idiots will probably continue to keep that relatively huge best ask # at usd .07 on alxdf.  And it wouldn't surprise me if we even see a bit more of a build on the azx .085 surface ask.  The mm idiots want you to be frustrated that our stock isn't moving.  So they cap the price figuring some poor schmuck will sell into their strong hands.  

But let's look a bit further ahead (maybe next week) when smart money temporarily rotates out of the seniors and intermediates, and into the juniors.  Well, you'll notice the huge ask supply will magically disappear (or move higher) as the idiots have already more than filled their tank.  So you'll have increased demand and a lower # of shares available.  Market forces say that will equal a higher sp.

The best way to beat the mm manipulators at their own scam is to sit on your hands and/or buy if you're able and feel comfortable.  Remember, they feed off your fear. 

So we'll see what happens.  Just gotta be patient and stand your ground, folks.   Jmvho.


goldopp 
<< Previous
Bullboard Posts
Next >>