Alexandria Minerals Corp ALXDF

Fwiw........

[goldopportunity]

Alxdf closed at usd .036   =   cdn .0471     (boc 1.3087 close)

Alxdf down 10%.  33K traded -- less than half yesterday's volume.  All trading done in the morning,  Bidders lowered their bids and at least one mm idiot lowered their best ask.  

Azx unchanged.  Total volume on all cdn exchanges was 554K, of which 369K was on azx-v.  Two trades at cdn .04 in mid-afternoon on the alternates couldn't jumpstart any selling.  So at 3:21pm td did a .04 cross on the primary.  Still no selling.  Td crossed again at .045 in last 5 min.  Today's .04 low represented an 80% retracement between this up cycle's low and high.


Bottom-line:
So what happens tomorrow?  Alxdf could start the day with a fairly wide bbb/ba spread.  Sp may test today's low.  Possible downside risk to just under the 50dma.  The games the mm idiots played today could continue tomorrow.  Azx may start off with a penny cdn .04bb/05ba spread.  Downside risk would be today's .04 low, which imo will prove to be the low of a new up cycle that's about to begin.  Could be that most of the action will take place on the cdn alternate exchanges.

Many of the st techs in both stox are scraping bottom.  This correction has just about run its course.  Many of the stox I track have been going thru the same silly stuff.  The mm idiots may still try to scare us with their smoke-and-mirror games.  Just ignore them, be calm and collected.  Remember we still have at least 2.4M oz of gold in the ground, plus we're in a safe and profic location.  And. of course, we're 'for sale' to the highest bidder -- yup, we could wake up one morning and find out some entity has put in a solid bid.  You just never know.


So we'll see what happens.  Always stand your ground in the markets and in life, folks.   Jmvho.



goldopp