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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

Post by Myrtlesmanon Jul 13, 2018 12:46pm
137 Views
Post# 28312978

Roll the dice!

Roll the dice!Wow! Who to believe?  The truth probably lies somewhere in between the positions of AZX and Founders group.  I have to say I'm leaning towards EO, and I'm compelled by the fact that the board has very few shares, that the BOD hasn't released the a significant fraction of the drilling results (if they were bad why not just say so and blame that on EO?), and that Sprott seems to be waiting in the wings to get a bargain basement deal.  If EO wins there will be dilution and it will take several more years (and some good luck) to build the resource, but I'm thinking that the short term pain is more likely to produce a long term gain than just selling off assets and shareholders getting the short end of the stick.  Maybe I'm wrong but I don't think so. 
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