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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 Wangotango67on Nov 21, 2021 2:55pm
271 Views
Post# 34150892

DIVISABLE BY 3

DIVISABLE BY 3 How to " make things " great again ?
Why you shuffle a few things around -  toss a few things up - slice a few down.
What are you left with ?
Well, potentially a bettter situation than whence before you started.
It's how to make the 300/ million shares disappear and align things to make things better for the shareholders. It's how to do it witohut causing too much disruptus -

Here's my idea -
Dividing - McKenzie -  into 3 equal parvels.
Once done - the middle section of Mc Kenzie crreates a - rectangle.
Leaving the island as it's own and center as it's own and perch lake as it's own.
This Red Lake  realestate is just too rich with potential to leave it as one whole parcel.

What would the sum be if ever entertained ?
3;1 roll.

100/k is tied to main stock and as not to screw over shareholders -
100k tied to Mc Kenzie #1 
100k tied to Mc Kenzie #2
100k tied to Mc Kenzie #3

Shareholders have thus adopted 3 Red Lake claims instead of - one.
3 x the value
3 xthe chances of creating a deposit with each parcel of land.

Main stock now  has only 100k shares attached  to all other claims.
100k shares would allow movement for stock valuation based on other attributes of claims elsewhere than Mc Kenzie.

What have i seen with other stocks before ?
Similar situation.
Junior has many projects.
One of the projects hits the gold and all other project valuations suffer due t oa potential larger interest holds the juniors stock down because of the one project it might have an interest in.

By culling Mc Kenzie from the rest of the projects it creates a stand alone - allowing fair game of common investors or larger player to buy the shares in a fair fight fashion.

In Nexus" situation - it is rather unique.
This Red Lake area seems to have close confines of gold showings.
In my opinion - dividing the Mc Kenzie into three - and even if the share prices of each McKenzie #1, #2, #3 would also rise in value to a dime each.

Do the math.... investor incurres an initial -  3x negative.
But, gains an additional 3 claims ( separate from main stock ) with a 3x positive whereas each of the 3 extra McKenzie claims also have rthier own valuation. If based on a rolling average of $.03 - $.035 cents - the 3 claims would rise 3x the value thus allowing the shareholder a dollar cost averaging of - increased value and odds.


Here's the Mc Kenzie claims - simply leave a rectangle parcel in the middle.
North and South are parted leaving 3 claims.

island
middle ( winter drilling )
perch lake


It's an idea.
Just an idea.
Might shake things up to create better valuations for the shareholders.
After all, why only drill perch lake and suppose a larger player was interested ?
Why give away the entire Mc Kenzie if only one small section is drilled out ?
Rhis area could be quite rich in, more gold showings.

If my idea was ever entertained, the main stock would have 100k attached and give Nexus the breathing room to advance their other claims.


https://www.canadianminingjournal.com/wp-content/uploads/2019/05/NexusGold.png



Mc Kenzie Golden Boys...
Triplettes - .

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