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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

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Post by Goodbadandugly on Feb 10, 2018 12:09am

Disgusted

EO has decided, at the 11th hour, that "the strategic review process announced by the board is not in the best interests of the shareholder or the company"...really?  how would we know? maybe it is but its just not in his best interest? 
An absolutely asinine way for him to conduct business.
I hope EO gets a pink slip asap, and I wish I could say its been nice but really it hasnt.  "Self-serving" is a great way to describe the painful last 8 years with him at the helm.
Comment by Currower on Feb 10, 2018 8:38am
It's obvious to me that some members of the board want to accept a bid and other members don't . I suspect that if that bid is valued at 12 cents or higher it will be accepted. I suspect that Owen wants to wait for published results and continue to pursue the mother lode and other board members want to take the offer. JMHO
Comment by easycoder on Feb 10, 2018 8:42am
This post has been removed in accordance with Community Policy
Comment by Currower on Feb 10, 2018 9:31am
I believe that the initial bid ( strictly hypothesizing ) is in this ballpark and is the primary reason for discord on the board and with the principal investors. It's always about the money. I look at it as a good sign. Better to be fought over than ignored. It's a good opportunity to get some cheap stock IMHO.
Comment by easycoder on Feb 10, 2018 9:35am
This post has been removed in accordance with Community Policy
Comment by goldhunter11 on Feb 10, 2018 10:22am
easy, As a pure speculation, if Orenada RE turns out to be 2x of the 2009 RE, i.e. we'll see 1MozAu resource, then @ $100/oz in-situ this alone would be worth ~$100M. (compaped around $40M using 0.08 at closing last Friday). So, for 500Ms the SP would be ~$0.20/s. Would this be good enough for an offer, first offer? Notes: The SP before the news has reached 0.11-0.12 range, and the above ...more  
Comment by Hollingerboy on Feb 10, 2018 10:43am
I continue to stand by my previous posts on this board.......the cad brk property alone is worth minimum 100mm or .18 to .20 range......then things will get interesting.......imho. Btw lots of good debate on the board at the moment....for those who are in around .05-.06 cents ........no need to panic sell....as Goldopp would say, stand your ground! HB
Comment by Currower on Feb 10, 2018 10:41am
Once again I believe that is why there is discord. You are also assuming Agnico is not the bidder. Right now we don't know how much or who. I am assuming that there is a proposal which is causing this discord among the principals and I am assuming that if it was 20 cents that there would be no  discord. Based on that assumption I bought more shares yesterday.GLTA
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