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 > Non core asset sale

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Comment by LRGreturns4meon Jun 07, 2018 1:29pm

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RE:Non core asset sale

WH offerd PRB the opportunity to "buy" the 70% earn in at Sleepy for $3.0 million. They said "No Thanks". Also stated that the value of the Manitoba properties is about $4.5 million and they would probably take that.

My big concern is what is the cost per discoverd ounce in the ground now? It is getting pretty high I believe.

I think there is a case for investors to come together in a class action against EO and trhe BoD both.

LRG

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