Alexandria Minerals Corp ALXDF

Fwiw.........

[goldopportunity]

Alxdf closed at usd .075  =  cdn .0963   (boc 1.2851 close)

Alxdf had a wild and wooly day.  The extremely wide lo/hi spread accentuated the strong resolve of buyers and sellers.   That opening high must have been an mm idiot, or a sheeple who had more money than brains.  At any rate, quite the volatile session. 

Azx traders were having fun with sheeple when cdn .09 support was taken out.  Yep, the idiots piled on the surface ask, while taking away #s from the surface bid.  Classic "play" strategy.  No one sold, and sp closed unchanged and traded in a half-cent range.

Higher stairstep volume in both stox.  Important to to nopte that since mid-feb the gold indices have lost more than 10%.  Alxdf and azx have basically been range bound.  In effect the market has essentially started to factor in the latest gold assay release, confidence in the BoD and maybe a bit of the resource estimate.

Many alxdf indicators I follow have ample room for upside movement,  The same azx indicators are already up there but I tink they'll bullishly zig-zap in their respective upper bands.  

Bottom-line:
What happens tomorrow?  The skeptical side of me says nothing will be released on friday.  If this proves to be the case then I could see closes near today's lows (maybe even cdn .085 on azx).  But realistically, I think alexandria WILL most likely release "something" tomorrow.  It could be the remaining 23-hole gold assays, sprott exercising his .08 and/or 09 wts, and/or an update.  Alexandria and the BoD know the pressure is on.  It  certainly won't be the end of the day if nothing is released.  It would only give smart money another opportunity to get some cheap shares if dumb sheeple sell.

So we'll see what happens, folks.  Be smart as usual and stand your ground.   Jmvho.


goldopp

[mikenooks]

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[easycoder]

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[RYUcan]

I agree with you easycoder. In the current situation news tomorrow before PDAC just complicates things for them(EO to run interference and say I told you so!). Also they would rather not have distraction from the process and have to answer more questions. I believe they were general enough in the suspected release of the RE. Maybe end of first week in March is what I heard. I am pinning it to Mar

[nuggetin]

Yes RY and the current resource information unknowns and potential conflicts involved are starting to unnerve the market as reflected in the share price and the creeping overhang at the .095c level and correspondingly weaker bid side. All this in the face of a strengthening gold market. As well, rose coloured glasses may be overestimating prospects of a high premium in any prospective merger or

[NextPhase]

nuggetin, May I ask what is so rose-colored glasses about thinking Alexandria is currently undervalued? Please share with us what metrics you are using, thanks.  I respect your opinion, but IMO, current evidence does not support your assertions, especially considering the BoD just blocked financing. NP

[Currower]

Unfortunately I am not as literate as you but when I read your analysis I feel like I'm talking to myself. It's great to have you and N.P. As resources on this board. Exceptional. Thanks