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Bullboard - Stock Discussion Forum Alexandria Minerals Corp ALXDF

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over... see more

GREY:ALXDF - Post Discussion

Alexandria Minerals Corp > Just Curious If Anyone Can Answer This Question?
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Post by PizzamanforAu on Nov 17, 2017 2:43pm

Just Curious If Anyone Can Answer This Question?

If the goal of Alexandria, a Junior Mining EXPLORER is to locate gold and report it back to the market theoretically the stock price will go up when they find gold.  The SP has not budged and most are calling for a rollback because of the number of outstanding shares.  The stock price is severely underpriced, thus it makes no sense whatsoever to do a rollback if the goal is to be acquired for the value of what you have found in the ground.  I am a novice in gold mining stocks but it sounds as though if the rollback were to take place, the new stock price (post rollback) will go down in price, which would value my original investment even further.  Here's the question I have...Would Management of Alexandria actually go through the trouble of executing the rollback if it were to negatively affect its shareholders if their sole intentions were to discover gold and be acquired by another company?  Thanks in advance for any insight anyone has to offer.

Pizza
Comment by bobodolen123456 on Nov 17, 2017 3:39pm
management does not consider sharehoulder value,the only reason i see a rollback is for it being more positive for a sale,it takes years to put a mine into production,there funds are not even close without further dilusion,Integra had a existing mill and more drilling with good grades,time to buy is after the rollback as prices do drop,then comes the news findings of drill results and the sale ...more  
Comment by goldhunter11 on Nov 17, 2017 6:22pm
Let's consider a potential scenario with most of the facts we have in the public domain: - shareholders have approved a 1:10 reverse split at the AGM and Special Meeting The key reason offered by management (Owens) is for a better position to raise money, since most fund managers would shy away from investing in penny stocks (some funds may have internal rules to prevent such investment. For ...more  
Comment by mystique1 on Nov 17, 2017 7:04pm
A thing to remember, a resource total may seem great/outstanding but if it's not economical to mine it means little. One reason Azx continues to drill is to prove up the resource and then a feasibility study would determine production potential.
Comment by mystique1 on Nov 17, 2017 7:23pm
An number of institutions/funds tend to stay away from penny stocks because of the scam stigma associated and prefer stocks over $1.  Not saying that there aren't scams over a dollar.   If companies have the assets, some will then consider doing consolidations for recognition. there are other companies who do consolidations just for room to grab more money with new placements.   ...more  
Comment by kevoy on Nov 18, 2017 6:24pm
What I posted was from Anual Genral Special Meeting.   As 1:10 shares was not passed by vote as stated here.   Have not said it was a bad idea.
Comment by ggrellette on Nov 17, 2017 4:30pm
Rollback is never wanted by anybody. As for a buyout that is just talk amongst retail investors thinking out loud in hopes there was a buyout looming which would certainly drive the stock price higher. There are ZERO talks going on. If so the stock price would be moving and it is not so that is just wishfull thinking on retail posters part. I am of the opinion that the Resource estimate will have ...more  
Comment by goldopportunity on Nov 17, 2017 6:00pm
Hey pizzaman  --  imo, it comes down to 3 simple things: 1.  Market cap/sp  --  damn cheap 2.  Fundamentals  --  not reflected in sp 3.  Strategy  --  mgmt now has rollback option Looking at just alexandria.  The o/s is a red herring that amateurs can't shake (to their detriment).  The smart money is looking at the absurdly low ...more  
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