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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 > Strange that no Insider or major shareholder is buying ...
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Post by PanyCheck on Mar 28, 2018 10:32am

Strange that no Insider or major shareholder is buying ...

Somewaht strange, that with all of the good news to be expected and especially also woth the new RE estimates plus potential sale plus plus ... still no old shareholder is adding more shares at these prices ? Not even a secretary or non-commitee employees or officers are buying "any" shares, at all ? Just nobody for months ... and only a few before even setting up the special board commitee ?
What might be the reason for this ?
Comment by ggrellette on Mar 28, 2018 10:59am
UNCERTAINTY
Comment by LRGreturns4me on Mar 28, 2018 11:25am
They can't buy if they are negotiating.
Comment by Flopticalcube on Mar 28, 2018 11:29am
They are also privy to the RE which is not public info yet.
Comment by NextPhase on Mar 28, 2018 1:04pm
with all of the good news to be expected You must be on the wrong message board. This is AZX, where market expectations are extremely low.  Not even a secretary or non-commitee employees or officers are buying "any" shares, at all ? Eric Sprott is the main AZX insider, and he has already positioned himself to benefit from a sale. ES is also staying below the 10% ownership ...more  
Comment by goldhunter11 on Mar 28, 2018 3:27pm
NP, You said: "Eric Sprott is the main AZX insider, and he has already positioned himself to benefit from a sale. ES is also staying below the 10% ownership threshold, while playing the upside with his warrants." I have trouble following the facts here. If the second sentence is true then, by definition, ES is not an insider, unless he has access to privileged/confidential information ...more  
Comment by NextPhase on Mar 28, 2018 4:12pm
GH, The original question included both insider and major shareholders, but ES is really both a shareholder and an insider. Peter Gundy is clearly representing his interests as the Chairman of the Board. What this actually means behind the scenes is anyone's guess, and we can always debate if his interests are aligned with AZX investors. By the nature of the current directives, the Special ...more  
Comment by goldhunter11 on Mar 29, 2018 10:52am
NP, Peter Gundy and ES may know each other well, but to protect himself ES could always tell PG (especially in forn to others) that " don't tell me anything I am not supposed to know". ES is well aware of using insider's information in trading activity (since that could lead to jail time, and he would not want to get caught with tthat kind of stuff for chump change...ref. his ...more  
Comment by PanyCheck on Mar 29, 2018 8:14am
The  latest news release is the explanation why nobody buying. At the intended) private placement of 0.04 or even at 0.06 of EO ... there was NO sale of 0.10 or more in the cards. Otherwise the unauthorized PP would have been higher. This explains also the missing words of "significant" more value etc. in the press release. Additionally, it is uncertain WHAT will hapoen to the ...more  
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