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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 Energyrunsearthon Jan 12, 2021 11:02pm
166 Views
Post# 32282601

RE:RE:RE:RE:RE:RE:Get in as soon as possible...

RE:RE:RE:RE:RE:RE:Get in as soon as possible...
ubiquitousman wrote: Well I agree with him. Which is why  back on 1/1  post I noted that based on price action following the completion of drilling I unloaded half my shares(I am now down to 1/3 of my original position). Hopefully they have enough encouragment to bump the price to 10 cents USD but I certainly don't think they are going to have any "monster" results based on how the stock has been acting. They have other places to drill, follow up drilling in Canada for example,  it just isn't looking like a quick run up to 40-50 cents(USD) that I was hoping for when I initially bought in(they needed something big in Canada, didn't get it, they need something big here in Africa and price action says they didn't get it. There are hundred's of little exploration companies out there, you move your money around as you see fit. I've moved 2/3's of mine out of here and into other small exploration outfits. Good luck. I still have 500,000 shares so I hope it "pops" a little when they release results, that said I don't see too much down side with marginal results. 


Totally agree with your last point. With there seemingly a strong support at 0.06 cents. The risk reward on this stock looks good. Thats why I'm styll holding everything and haven't sold a single share myself. And, don't plan to for a while. (I do have targets I may decide to sell at though... $0.55... $0.85... $1, lol)
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