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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 > RE RE GOLDHUNTER
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Post by Magrath101 on Mar 24, 2018 11:45am

RE RE GOLDHUNTER

GH. My thoughts on the share count of AZX UNITED are that the numbers that have been given so far are probably correct. I actually have 55000 more than I first stated. Maybe we wait for new RE to be released before we do anything regarding letting the BOD know what we have. I believe that as a group we are definately going to make a huge difference when the voting takes place. One other thing maybe we should come up with a minimum that we would accept for our shares. After the RE comes out we should have a better idea what that minimum should be. It would be good to be ready so that when it comes time to vote we are all of the same consensus. I do not think we should discuss the price on here because I know from past experience that companies sometime read these posts. We could do it through our private emails and we would be ready when the time comes. Investing is about making a profit and I think we can make the difference. Something to think about.
Magrath101.
Comment by goldhunter11 on Mar 24, 2018 5:25pm
Magrath, Thanks for you feedback. Yah, my gut feel is that the number we have so far, a tad over 10%OS, is probably correct, but there is no guaranty whatsoever on its accuracy, due to the reasons given in the Disclaimer. This was all based on "scout's honour"... and most of us would give a truthful declaration for this "snapshot" which is subject to daily buy and sell ...more  
Comment by DaGeneral on Mar 25, 2018 4:11pm
GH -  Good to start the discussion, but given we do not know the final oz. count in the RE due out, I'm thinking a better way to start the discussion would be to think about the amount per ounce we're willing to accept, not the price per share.  The amount per ounce will drive the price per share...if we take recent sales of similar property that other posters have mentioned ...more  
Comment by 1971Geddy on Mar 24, 2018 7:48pm
GH, IMO, the RE will most likely come in at 1.5M to 2M ounces; at the very least. If it does, 0.20/sh won’t cut it. I’m just comparing us to PRB and what ELD paid for Integra. Not exactly, but on just their similarities. Great work btw!  Keep it up. 
Comment by mikenooks on Mar 24, 2018 10:34pm
This post has been removed in accordance with Community Policy
Comment by Flopticalcube on Mar 24, 2018 10:59pm
I agree on the valuation you are making but it really depends on what the RE says. I also think it will indicate 3m+. Without the RE, however, these are all guesstimates. I get the feeling we are being kept in the dark on purpose. Also agree that it depends on the deal structure as much as the offer price. Who?/when?/shares//cash?
Comment by mikenooks on Mar 24, 2018 11:06pm
This post has been removed in accordance with Community Policy
Comment by ggrellette on Mar 25, 2018 9:08am
Lets hope they do not give it away for a song and a dance. Lets not forget the Manitoba property that was bought from Murger resouces.
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