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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 Schmobyon Jun 25, 2018 4:23pm
106 Views
Post# 28226240

RE:RE:RE:Warrants

RE:RE:RE:Warrants
goldopportunity wrote: Good post GH -- sounds reasonable re: another PP. I'm not an expert either in the finer details of warrants, but I have a question for you and the board: Can ES's warrants that were in the money, be retroactively exercised being presently out of the money? goldopp


Warrants can be exercised at any time if you are willing to pay the exercise price of .09, in this case it makes absolutely zero sense and will never happen. At best he would take part in a new PP at .03-.04 and new warrants at .06 but in all honesty I don't see that happening either. He will support a buy out/merger/take over before dropping another red cent on AZX. The saying would be throwing good money after bad.
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