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ALX Resources Corp V.AL.P


Primary Symbol: V.AL Alternate Symbol(s):  ALXEF

ALX Resources Corp. is a diversified mineral exploration company engaged in exploring a portfolio of mineral properties in Canada, which include uranium, lithium, nickel-copper-cobalt and gold projects. Its uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project, the Bradley Uranium Project, and the Javelin and McKenzie Lake Uranium Projects, a 40% interest in the Black Lake Uranium Project, and others. It also owns 100% interests in the Firebird Nickel Project, the Flying Vee Nickel/Gold and Sceptre Gold projects, Blackbird Project, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. It owns a 50% interest in eight lithium exploration properties, collectively known as the Hydra Lithium Project, located in the James Bay region of northern Quebec, Canada, a 100% interest in the Anchor Lithium Project in Nova Scotia, Canada, and others.


TSXV:AL - Post by User

Comment by martin95833on Nov 27, 2020 4:06am
113 Views
Post# 31987195

RE:RE:RE:RE:RE:RE:Hard to believe that anyone is stupid enough to be selling

RE:RE:RE:RE:RE:RE:Hard to believe that anyone is stupid enough to be selling
ubiquitousman wrote: I would say that because we peaked at 12 cents (USD) before results were released and we are now at 3.75 cents,one could assume that not many were impressed with the Canadian results. That said, I am surprised we are where we are with drilling actually starting(finally) in Africa. I really thought we would rebound to a dime, but it hasn't happened. Gold is all over the place you need to find it in a large enough quantity to justify the time and big money it takes to bring it into production. Nexus really, really needs to pull some cores that assay out at impressive numbers. If so the stock could fly and they could raise needed cash without hugely diluting us current shareholders. High risk, high reward situation here.


The whole mining sector is down after the recent rise. Does that mean people are not impressed with mining in general?

I see the same illogical selling pattern right across the board with a lot of juniors. I think it's more than who is impressed or not with Canada.
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