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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 > AZX Valuation
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Post by mystique1 on Apr 11, 2018 6:23pm

AZX Valuation

A number of investors here are throwing around many different values for AZX.
I haven't tried yet to set a price.
The way I look at it, we need the second RE to see how much more our resource has increased. 
All of us have been anxiously waiting and hopefully we get the RE very soon.
Now, when we receive the new RE we'll have the updated tonnage/ounces/grades.  This will help give a rough estimate on AZX value.  At this time I'm sure many will again start guesstimating possible buyout prices.
BUT HANG ON.....there is something else to consider....POTENTIAL PREMIUM.
And are we ever fortunate.......there have been a considerable number drill results not included in the new RE which have done two things.......1)...contributed to increasing the resource of our two main areas.   AND  2).....more importantly, from this weeks news  3 NEW GOLD  ZONES HAVE BEEN LOCATED WEST OF ORENADA
Comment by mystique1 on Apr 11, 2018 6:28pm
THREE NEW GOLD ZONES WEST OF ORENADA........ The company states.........."""""No results from this program are included in the current resource estimate underway and all areas tested occur outside of and will add to the potential to add to the current resource foot-print.  Selected significant results are included in Table 1."""""" This ...more  
Comment by Currower on Apr 11, 2018 7:33pm
The problem is that we have to depend on the kindness of strangers. Eric Sprott Sean Boyd and the BOD. None of who seem to be interested in driving up the sp. GLTAL
Comment by brandy2000 on Apr 11, 2018 8:12pm
In the mean time Let’s hope National Instrument 51-201 Which prohibits companies from posting on chat rooms and bulletin boards works to protect AZX shareholders. With the price pegged at .085 is there maybe a possible glint of violation at Stockhouse. Regulators should now be watching!
Comment by mystique1 on Apr 11, 2018 9:26pm
There are still outstanding results from 5 drill holes that showed visible gold traces in the cores. Thing to remember, visible gold means exactly that - visible gold.  THAT DOESNOT MEAN BONANZA GRADE.......ONLY THE ASSAY WILL DETERMINE GRADE. It is however encouraging tha gold was visible.
Comment by mystique1 on Apr 11, 2018 9:37pm
Also interesting is that two of the new zones, Airport and Centremaque, are 2.5km and 2km, west of ORENADA. What potential is there for the area between Airport/Centremaque/Orenada? Are the areas connected or just pockets?
Comment by Currower on Apr 12, 2018 7:22am
Are you kidding ? The regulators on the Venture are ex brokers who are part of an old boy brokerage network. Their only concern is how many hockey box seats and comped trips to Vegas they get. They aren't taking on Sprott or Sean Boyd. As retail investors opportunities like this rarely come along. A real dislocation between sp and obvious value. If anyone thinks Eldorado or more likely Agnico ...more  
Comment by Lejefegrande on Apr 12, 2018 9:54am
This post has been removed in accordance with Community Policy
Comment by Shylock on Apr 14, 2018 4:52pm
Currower - t'ain't necessarily so.  Eric Sprott and Sean Boyd want as much out of their acquisitions as we do.  They are shrewd and patient and know how this difficilt, manipulated business works far better than most of us.  When the time to strike arrives you may be sure they will want to make as much money as possible.  Remember the two strongest motivators - greed ...more  
Comment by Currower on Apr 14, 2018 8:26pm
I don't understand why you don't think I agree with you Shylock. I just hope that it isn't Alexandria shareholders who give a pound of flesh. GLTAL
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