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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 > Gold - Manipulating and Suppressing
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Post by nelson11 on Mar 18, 2018 5:07pm

Gold - Manipulating and Suppressing

https://www.rt.com/business/421618-central-banks-manipulating-suppressing-gold/
Comment by pmforme on Mar 19, 2018 10:02am
Pro-govt. Turkish paper reprints Manly's RT exposure of gold price suppression https://www.gata.org/node/18114
Comment by nuggetin on Mar 19, 2018 10:24am
As well, the same thinking can be applied to AZX's share price as evidenced at the start of trading this morning. There was a quick clear out of shares at the .09 level wihich was quickly replaced by another large lot at .09. By doing so consistenly, do they want us to be satisfied with let's say a 50 percent offer over the current price.Keep an eye of this and the houses involved although ...more  
Comment by easycoder on Mar 19, 2018 10:59am
This post has been removed in accordance with Community Policy
Comment by NextPhase on Mar 19, 2018 12:11pm
Agree. Markets can be extremely inefficient, especially when perceived risk and uncertainty are high. In addition, we have discussed ad nauseum about the other factors that have kept AZX's share price depressed. These factors will not significantly impact the final valuation in an asset sale. NP Disclosure: I own AZX, do your own DD
Comment by Hollingerboy on Mar 19, 2018 12:56pm
Simply throwing this out for thoughts.....why have the MM gods decided that .09 is the number while this whole thing plays out? Why not .07....or .12 ?.....anything to do with ES warrants?.....as RE news gets leaked (not that it ever does lol)......how would you interpret a rise in price? Or conversely a drop?.....does a drop equate to poor results ? Or tree shakin?....GLTA....#AZX United. HB.
Comment by NextPhase on Mar 19, 2018 1:21pm
Yes, ES's warrants could be contributing here in the short-term with a strike around 0.09. I would interpret the rise and fall a combination of investor sentiment, random noise, illiquid market, perceived asset value, perceived risk, and perceived uncertainty. Overall, I just do not see much value interpreting the current market flow... unless, of course, you're trying to buy/sell shares ...more  
Comment by goldhunter11 on Mar 19, 2018 3:14pm
HollingerB, It would probably has something to do with ES, but keeping the SP from running away would be the objective of the share accumulators...and $0.09/s is conveniently low enough. If it became any lower, like 0.07 then other people, e.g. us retails, would back up the trucks to load them shares up. ES would back up his truck too, since this would be an excellent opportunity to get his fill ...more  
Comment by goldhunter11 on Mar 19, 2018 11:01am
nugget, It's busy time for all key players to compete for strategic positions. Accumulators will try to suppress (small trades) and buy at the same time in large quantity. The usual strategy is buy low/sell high later. So keeping the price low from now until the release of the updated RE (~6 April 2018) is desirable. It's also (pure?) coincident that ELD Arbitration case in Greece is ...more  
Comment by Currower on Mar 19, 2018 3:10pm
That is exactly why I'm buying at 9 cents. They must announce the sale soon. They are bleeding out  16 cent shares for 9 cents. GLTAL
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