Alexandria Minerals Corp ALXDF

I'm predicting,

[redcoats]

based on the information within their presentation, and from recent news, a price above the two year high, of $ 0.115. I believe that will occur before Spring.

[TheAtom]

Thats no prediction. The two year high by the way is NOT 0.115 it was 12 cents July/2016. \and \\i sold the last i had at 11 cents just prior to that.  Remember, there is an EXPERT ON AZX on the board - me. Don't post rubbish.

[TheAtom]

Clarification: " the last i had in 2016". I own this every year near year end and dump it all by end of spring, mostly Q1. If  I perceive any real indiction of a jv or takeout, i will hold and advise.

[redcoats]

It's on target. Personally, I suspect a buyout is in the offing. They've made it pretty clear they're willing to entertain decent proposals. Likely keeping some skin in the game, either with partial ownership, cash plus royalty, royalty, or possibly all of the above.

[LRGreturns4me]

ELD is lurking out there under 9.9% and is the logical play. They may go ahead and jump on the RE update due to low price and crews already working at Lamaque. They are building out the Lamaque mine with $120M CAPEX and have $480M in cash. New leadership is focused on stability. The MC is not much higher than cash and Lamaque. Shuttering the baggage now would position them with a war chest. The

[redcoats]

With today's market cap of $43 million, it's a steal at a double share price premium. I hope it has time to run a bit first, as well it should.

[realgoldentooth]

This post has been removed in accordance with Community Policy

[goldhunter11]

LRG, A few comments and questions: - ELD/Triangle is just next door, so it's a logical candidate that may be interested to expand its holding into the AZX land. But... - It must displace AEM's grip (at 8% and the 14 claims that contains a small-size deposit east of Orenada) and Eric Sprott (7%). Unless ELD has been buying in the open market and kept a low profile (under 9.9%) I have not

[LRGreturns4me]

Hello Goldhunter11, It is personal speculation that ELD has bought on the market through an "agent". The link below is to the ELD Operational Update on 1/16. Read through to pick up all of the data on Lamaque and cross reference that data to the old ICG PEA and you can see that ELD will be in production in early '19. THE ICG PEA anticipates 135,000 oz production in its first

[goldhunter11]

LRG, Thanks very much for your response. Will dig into the details and come back if I have any additional info to share. Cheers, GH --------------

[redcoats]

Very interesting article on Seeking Alpha regarding Alexandria shares: Something Seems To Be Brewing At Alexandria Minerals https://seekingalpha.com/article/4141029-something-seems-brewing-alexandria-minerals

[nelson11]

Would not surprise if a deal had already been Partially Inked and just waiting for the Optics to fit.   From Article  Now, I understand this doesn't have to mean anything, and that trend could just as easily turn around. Personally, however, I'm intrigued and find this volume increase is too strongly matched with the creation of the Special Committee for it to be

[ASHRAM]

[ASHRAM]

thanks for very good post nelson11.