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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 > CEO Eric Owens fired by the Board !!
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Post by usam67 on Feb 14, 2018 8:07am

CEO Eric Owens fired by the Board !!

https://globenewswire.com/news-release/2018/02/14/1348052/0/en/Alexandria-Minerals-Announces-Termination-of-Chief-Executive-Officer-Eric-Owens-for-Cause.html
Comment by Hollingerboy on Feb 14, 2018 8:20am
Interesting new? Language in describing the cad break property! Excerpt from the globe announcement. Alexandria’s focus is on its flagship property, the large Cadillac Break Property package in Val d’Or, which hosts important, near-surface, gold resources along the prolific, gold-producing Cadillac Break, all of which have significant growth potential.   HB.
Comment by goldhunter11 on Feb 14, 2018 9:41am
usam, Good catch. Note the first paragraph, excerpt below. - fired for cause (that would raise questions about the golden parachutes, at least for EO), - cause? Press Release (Open letter) contains misrepresentation...and probably more, like insubordination? "TORONTO, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“AZX” or the ...more  
Comment by easycoder on Feb 14, 2018 9:42am
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Comment by Calgary63 on Feb 14, 2018 9:56am
I see how all now want to throw EO under the bus...Why ? I have had dozens of call with EO in the past 2 years. He was always upfront when he could and also quiet when he had to be.EO had an agenda that he was on and it was proving to be successful. Very surprised from some on the board here as some here thought or mentioned he was great for updates and return of phone calls. Shame on the ones ...more  
Comment by Calgary63 on Feb 14, 2018 10:04am
P.S. Eric did call me last night even after all this went down. He was very polite and still remains on the BOD. Eric has good visions of where AZX should be without a quick take over or buy out or even a JV.. Eric knows the value of AZX. Thanks. C63
Comment by goldhunter11 on Feb 14, 2018 11:24am
Calgary63, You must have been the the lucky person to be on EO's call list last night. Unlike others, including myself, simple e-mails on simple inquiries, to either EO and Vorvis went unanswered, not even an acknowledgement. Two fatal flaws: - IR is a mess, nobody at IR is taking care of the website. - The last RE was in 2009, now it's 2018. No other company that I have invested in would ...more  
Comment by brandy2000 on Feb 14, 2018 12:41pm
Ok C63. What is EO’s valuation?
Comment by Calgary63 on Feb 14, 2018 1:08pm
IMO...And others without prejudice between $2-$3..... C63
Comment by Newrookie on Feb 14, 2018 10:18am
Hey Calgary63, If you're as close to EO as you claim, where are the mysterious results of the 20 missing holes? Why has azx been able to release 10 holes every 2-3 weeks this fall and now 3 months with nothing? CEO knows these things....Just my two pennies.
Comment by Calgary63 on Feb 14, 2018 10:38am
I know that the Special Committee was smart they would release results prior to March-04-2018. And with the missing 20 as you say. Just be aware of a quick buyout for a lot less than if AZX would hold after the summer drills. IMO... Last One. C63
Comment by Currower on Feb 14, 2018 10:51am
I was raised in the gold belt. Gold mining ventures were and always will be a blood sport. After the boardroom battle it is obvious that the board is entertaining offers. I am only sure that the sp. will be higher by 15,30 or 50 percent whether it is a buyout or merger. If the merger or buyout is refused by the BOD the sp will rise according to the premium offered in the failed bid. Consequently I ...more  
Comment by Ozziestocks on Feb 14, 2018 11:16am
This post has been removed in accordance with Community Policy
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