Alexandria Minerals Corp ALXDF

Fwiw........

[goldopportunity]

Alxdf closed at usd .0369   =   cdb .0482     (boc 1.3065 close)

Alxdf down 7%.  Only 9.8K traded -- about 1/10th average daily volume.  A penny spread in the bb/ba for most of the session.  The pros are working both sides -- hence the low bids and #s, and a relatively huge fake and phony 200K+ ba most of the day.

Azx-v unchanged.  Total volume on all cdn exchanges was 945K, of which 96K was on the tsx-v.   No trading on azx-v after the 1K td cross at cdn .04 at 1:57 pm.  849K were traded on the cdn alternates -- almost 9X the azx-v volume.  Anon was a big buyer again.  Note that on 4 of the alternates, alexandria was actually up 12% and closed at cdn .045.


Bottom-line:
So what happens tomorrow.  The techs in both alxdf and azx have reached contrarian bullish status (i.e. the polar opposite of priced to perfection).  Basically, da boyz are calling the shots as retail buying has temporarily dried up.  Btw, retail selling has also dried up -- very bullish.  So for tomorrow, alxdf has a possible downside risk to the 50dma (usd .035), but I'm thinking that even if this happens, a quick reversal would have the sp mostly trade and close within today's perimeter.  Azx-v looks likely to continue to trade within today's half-cent range.  Highly probable that most of the action will take place on the alternates.

Interesting that today one of the major charts I use finally showed the combined azx-v and cdn alternate volume.  The other charts I use still just show the azx-v volume.


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


P.s.  I won't have a report tomorrow night as mrs goldopp and I are going out for dinner and a movie.  Catch ya guys on wednesday.  



goldopp