Alexandria Minerals Corp ALXDF

EO Call

[billyo]

Interesting about EO calling you.  I have left messages for Voris and Owen for over 6 weeks and no response.  Suddenenly on Monday I also got a call from EO explaining the potential value of AZX and  encoureaging me to call the other BOD s as to why they weren't releasing the outstanding drill results which they have.  I ask the same question  where are the results and why haven't they been released so we can see what we have.  Prospective suitors certainly would have that info.

[NextPhase]

billyo, I absolutely agree with this you. If the BoD has the new resource estimate, then they must make it public before entering any kind of arrangement with potential deals. If the BoD wants credibility that it's acting in the interests of shareholders, then it should be as transparent as possible with this resource update. However, we do not have reason to believe they are withholding

[PizzamanforAu]

NP, First let me begin by thanking you for all of your insight/thoughts on Alexandria.  With regards to your last post, do we as shareholders get a say if an offer is brought to the table by a possible suitor/merger or an outright sale of the company? (i.e. do we get to vote on an offer or does the BOD act on our behalf?). Thanks, Pizza

[NextPhase]

Hey Pizza, Thank you for your remarks. I am trying to stay objective with everything going on :-) Yes, any deal would require shareholder approval. As far as I know, no investor currently has more than a 10% stake in Alexandria. I'm also pretty certain EO can line up at least 5% of votes against any deal recommended by the board, which is not insignificant if we find the deal is

[goldhunter11]

PizzaM, Based on my experience, it's the BoD which would normally act on shareholders' behalf. If an offer is brought to the BoD by a potential suitor, the board would consider it and inform shareholders of the offer, and BoD decision to reject or accept it. A rejection would say that the offer is not good enough for the value of the company,etc..., but the BoD is not obligated to ask for