Alexandria Minerals Corp ALXDF

RE:Who believes there is a lot more gold to the west?

[Shylock]

EO is not the only person who believes there is an elephantine deposit on Alexandria properties.  Heck, it is common knowledge.

What he did was go outside the company's rules and attempt to sequester funds under his own control, effectively wresting control of the company from the company.  This is a form of fraud and perhaps worse.

You note in his "information circular" he specifically names three directors he would like to rid himself of.  Why?  Because these three knew what he was up to I would wager.  The facts of this matter were clearly explained on the AZX website under "Recent News" dated March 28, 2018, "Alexandria Minerals Sets the Record Straight on Eric Owens’ Termination and Unauthorized Financing Scheme."  They are therefore his enemies, to be replaced with three "yesmen."  EO did nothing for Alexandria and he did nothing for its shareholders.  What he did was harm the company by going rogue and while simultaneously seeing to it that his own bread was thickly buttered.  Yours be damned.

If he had any sense he would indeed "clear out" as mystique1 opined.

I also do not think it a stretch that he has something to do with the prolonged period we have been waiting for the updated RE.  If the company is engaged, and I am speculating, in fending off the desperate attacks of EO, I dare say it is distracting from legitimate business.  Note the last statement in the News Release of March 28, "Despite the unnecessary time and money that responding to Mr. Owens’ actions will require, the Board remains focused on continuing to deliver on its plan to maximize value for all shareholders."

EO is a trapped rat and you know about trapped rats.  Worse, he is a trapped rat with a huge ego.  As such, EO is no friend of shareholders (although he is trying very hard to give that impression but is failing miserably and looking increasingly egotistical while doing it) or management either and must be dealt with before normal business matters can proceed unimpeded.

I trust the Special Meeting will bring clarity to this whole situation and be the last we hear of EO in the Alexandria Minerals context.

Meanwhile, while the fraudsters wreak havoc with the gold price, as today and for the time being, the stage is being set for a massive move up.  Read the piece by Hempke.  This is the time to really load up the truck because these shares going for pennies now will be going for dollars later.

All IMHO and GLTA.