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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

Post by ubiquitousmanon Apr 01, 2021 10:41am
206 Views
Post# 32922453

As expected, second round of holes unexciting....

As expected, second round of holes unexciting....They got a little gold, it is going to take more drilling to try and find something to move this stock higher. Results are already priced in. More drilling in Canada and Africa ongoing or coming up.
They need something good to move this stock up some before they raise capital again. On going dilution is always the problem in these little exploration companies. Little downside from here in my opinion but they need "results" to move it higher. Fingers crossed.
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