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.

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ALX Resources Corp > Added 1/3 to position last week at about 4.5 cents USD, I

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Post by ubiquitousmanon May 11, 2021 12:27pm

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Post# 33174113

Added 1/3 to position last week at about 4.5 cents USD, I

see this as an excellent "risk/reward" play. Not much down side and with meaningfull exploration success it could be a "10 bagger" from herre in my opinion. If we reach 48 cents (USD) I would have a $0.5 million profit, 69 cents (USD) gets me a $ 0.75 million profit. In my mind my downside is around $25k. Again I like the risk/reward play here. Just my opinions. I see gold over $2000 by year end. Those interested might check out Geodrill Limited trading around $1.60 (USD). African and South American mineral driller, making money and selling at low PE with good upside I feel.
I am looking to $3 by year end. Carry on!

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Gold, growth and sustainability in focus for Mandalay Resources