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ALX Resources Corp 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 gemsearcher2on Dec 09, 2020 2:30pm
112 Views
Post# 32069300

RE:The stock is looking very strong

RE:The stock is looking very strongtotal stalemate here today, too bad there is no liquidity! the 50k bid and 30k ask has not changed with only 1000 shares traded all day.
i've been watching this stock for awhile and i am aware of the rio tinto deal from late aug that did not cause any sp spike so i ask what do you believe the catalyst will be that is going to make the sp rocket to .15-.20-.25 ?
Personally i cannot see any events occurring in the near term. Perhaps they will announce a drilling program and that will spike the sp?
But then they will need more money causing more sp dilution so i do not see a reason to think it is going to pop to these higher levels unless i am missing something, and that is what i am asking about.
glta
thank you,
gs2
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