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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 > Share count or Sell Out ?
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Post by Marine2 on Feb 10, 2018 2:36pm

Share count or Sell Out ?

Share count or Buyl Out ?

 

If you think share count does not matter then you are in the buyout camp, if you are in the funding for 2018 exploration camp then think again !

 

With a 480 million share count and a .08 share price then look for a hair cut on new funding,,  funding in a bad markets is not a good place to be when it (market) smells "blood in the water".

 

There could be a low ball offer they are looking at or a expensive hair cut and rollback when it comes to funding 2018 exploration.

 

Eric Owens has put AZX between a rock and a hard place for his 8 years of bad management, now the wolves see “discord on the board”,,  they will take advantage of this discord,,, us small investors will get the shaft,, skin and bones thats left on any outcome. IMO

 

Eric Owens should not have been able to go on and destroy AZX as a CEO ! IMO  (480m S out @ 0.08 and need another $15m for 2018 exploration)

M2

Comment by NextPhase on Feb 10, 2018 3:03pm
It seems like M2 is waiting for AZX to be fully valued by the market before investing... interesting strategy. :-)
Comment by Marine2 on Feb 10, 2018 4:34pm
NextPhase I am fully invested in this one as I can be,, waiting for a buyout not more pain ! Better places to look for a 10 bagger ! Here is one for exemple Eric Sprott and I are buying ! Sprott intends to increase ownership in EXN to 32% Jan 16 2018 Sprott intends to increase ownership to 32% https://kingworldnews.com/billionaire-eric-sprott-making-big-moves-in-the-silver ...more  
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