Alexandria Minerals Corp ALXDF

Next Stop Breakout

[nelson11]

Goldopportunity Hey something must be going on.  All the Talking Heads are predicting all over the place on Gold flushing out. Another one below.

https://seekingalpha.com/article/4163820-gdx-next-stop-breakout

[goldopportunity]

Hey nel  --  thanks for the link.  Yup, something's definitely going on.   Some pros are looking for gold to make 3 consecutive closes above 1370 in the next little while.  When this happens gold will most likely make a pretty quick beeline well above 1400.  I think the gold indices may be sensing this move.  Exciting times.   Jmvho. goldopp  

[nuggetin]

I would be as concerned about AZX with the long drawn out process and when fewer risk takers or bigger money types are now willing to strengthen what's on offer at .085 cents to over 800 M this am. Sure there is market maker fooling around but to put these increasingly large numbers on offer does not appear to bode well with what may or not be happening behind the scenes.Can one actually say a

[goldopportunity]

Hey nuggetin  --  most of that "massive overhang" on the ask that you talk about is fake and phony, put up by the mm idiots.  It's all part of the game to play on your mind, psyche you out....with the intent to get some cheap shares.  Old parlour trick.  Alexandria has basically been in a clearly defined multi-month channel (alxdf for 2 mo, azx for 3).  

[nuggetin]

Sounds all so logical goldopp.It's the irrational world that's the concern..

[goldopportunity]

Nuggetin said: Sounds all so logical goldopp.It's the irrational world that's the concern.." Hey nuggetin  --  just think of it like a poker game.  Players left and right are trying to bluff and psyche you out with their low bid #s and high supply #s.  Their aim is to have you throw in your cards (i.e. capitulate and sell your shares).  But you know you'

[nuggetin]

Yes and on the rational side, the last few moments of .075  trading were a few one offs with the  intent to drive the price down for those either wanting to trigger cheaper rewards OR someone(s) may know the offer(s) may not live up to expectations.