Alexandria Minerals Corp ALXDF

Cost of Corebox

[LRGreturns4me]

The cost of Corebox is around $5k per year if I am not mistaken. I wonder if we could convince AZX to load the data using their IR budget?

[goldhunter11]

LRG, $5k/yr is pretty cheap for a tool that can be used for drill planning and playing around with the ER in-house. The cost for IR and Corp Development are hefty according the last Financial Statement, link below. for 6 months in 2017 (page 2). IR and Corp Development fees are $291.8k and 108.5k respectively. Also, professional fees of 100k was payable to EO (Baker Creek compnay) on top of his

[LRGreturns4me]

GH, Thank you for the reply, I was being a little bit of a SA about the $5k since the cost is so low. I get the thinking and setup for PRB and would prefer anyone over ELD. I just know the mill at Sigma-Lamaque will have capacity and the ore is compatible with Lamaque, so from a project development and compatibility lens, that would make sense. I am still wondering what was the catalyst that

[easycoder]

This post has been removed in accordance with Community Policy

[NextPhase]

I am still wondering what was the catalyst that pushed EO to issue the NR a week ago? He had to know it was the end for him, so just what was it that got him reacting with emotion over thought?[/quote] LRG, After looking at AZX’s past drilling programs more closely, I have a new theory on what led EO to issue the NR. Look at the following headlines. Jan 30, 2015: Alexandria Minerals

[goldhunter11]

NP, I understand that you are trying to give EO a fair hearing. Fine by me...But I would like to follow up with one of you comments: "If AZX did conduct a financing, then I agree with the BoD view that we should wait for the resource estimate to encourage a higher valuation before tapping the financial markets." EO did conduct the financing (without getting the approval from the BoD

[NextPhase]

I understand that you are trying to give EO a fair hearing.    GH, I'm mostly giving EO a fair hearing, because I lack details, while also trying to understand his perspective. I would like to add another benefit to merging with PRB. Consolidating overhead between AZX and PRB into one company reduces average costs while combining resources, operations, and valuations. Thus

[goldhunter11]

NP, If you are in the Toronto area you may want to give Henry or Gundy a call (or leave your number they can call you). It would be good for them to hear directly from an investor. You could send an e-mail first and follow up with a call. Give them ideas! IR is now actually forwarding e-mail to the addressee. GH ---------------

[goldhunter11]

LRG, It's pretty obvious that EO has not been happy with a situation where he cannot take the role of the founder, as he has for many years. From the latest Corp Presentation (Nov 2017... you should access it before it's replaced by a more up to date by the new mangement) EO gave some hint about the projection of his image: - Slide 13 shows management, including himself, insiders and "

[LRGreturns4me]

GH, All great points, thanks. I too question the 6% number and never got an answer. Thanks LRG