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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 EricOwensFGon Jun 14, 2018 2:07pm
121 Views
Post# 28173348

RE:RE:Ask Me Anything - Eric Owens

RE:RE:Ask Me Anything - Eric Owens@nuggetin

Q: While in charge over the yrs your overhead burn exceeded the average industry rate. As example, as an organization design consultant, I found it highly inappropriate for a very junior exploration company to have a VP of Corporate Development. This role did nothing to enhance shareholder value as expected but Mary Voirvois was over paid over 200 000 plus per yr for years. Why was this job not abolished when the results were not there. Is this again a family connection reward situation.


A: I believe it has been an efficiently run company. I don’t know what industry metric you are running this against, though I believe we are a fairly small group managing the company effectively and with modest costs for the activities we have been involved with.


I will say that there is no family connection to Mary, and she is an exceptional professional.

 
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