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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 ubiquitousmanon Jan 01, 2021 1:56pm
99 Views
Post# 32207535

RE:RE:Nexus Gold Raises $3 Million in Private Placement

RE:RE:Nexus Gold Raises $3 Million in Private PlacementActually it is just enough for a "small" drilling program in Africa and one in Canada and overhead. They will be rasing more money in a year I would expect. The question is will they be raising it at a very dilutive 5 cents a share(USD) or at a less dilutive 25 cents a share USD. They desperately need to get some positive results from their just completed drilling. However,based on market reaction so far I am not too optimistic. This stock rising and falling has absolutely nothing to do with the price of gold (as long as the price doesn't plummet). The only thing that is driving the price of the stock, THE ONLY THING, is their drilling results.  There are a lot of posters on this board who don't seem to have much of an understanding of investing in exploration mining outfits.
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