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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 > Share Price
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Post by DaGeneral on Apr 05, 2018 11:26am

Share Price

I think the overall weakness in the AZX share price is reflected in the overall market as well.  People are expecting blowback from the trade war that appears to be starting between the U.S. and China, so they don't know where to go for a safe trade, or they are getting out of stocks entirely.  The DOW has moved into negative territory for the year, and there are a lot of people taking profits and sitting it out right now.  One of the reasons both AZX and ALXDF volume has been down.  The underlying fundamentals of the economy and Alexandria are still solid, so as GO always says - Stand Your Ground!
Comment by Shylock on Apr 06, 2018 2:08pm
Characteristically, when all goes to pieces financially - and that is on the horizon - everything falls including gold and gold stocks. However, when sanity begins to prevail and the "green shoots" phenomenon commences, gold begins to rise steeply and the gold proxies, particularly the shares. Reference Homestake Mining during the Great Depression and for years afterwards. The junior ...more  
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