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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 > Reality Check
View:
Post by biotechguy1 on Jun 02, 2018 5:10pm

Reality Check

AZX doesn't have neough money ot fight !  

So PRB off ers 0.02 a share...provided EO drops his Lawsuit.

PRB aquires AZX

or

AZX = Bankruptcy....

Decisions, Decisions, Decisions....
Comment by Shylock on Jun 02, 2018 7:07pm
biotechguy1 - I would not be too sure about that. Recall that AZX has certain rather powerful and monied strategic partners including AEM, Teck, IAMGOLD, funds and high net worth investors. I strongly doubt AZX would want for money.  Besides, the case against EO is pretty darn obvious.  It would be my observation and opinion that he will run out of funds long before the company. PRB ...more  
Comment by biotechguy1 on Jun 03, 2018 12:52am
Sprott has his hands in both companies...one will be a write down... and it begins with Alex.......and ends with andria. Probes financing was amazing...?  next two weeks...will be interesting.. GLTA
Comment by Voidhunter on Jun 03, 2018 5:16am
The key date is the 19 June or shortly hereafter. Probe gets the final approval from TSX Venture for the recent refinancing on this day and can’t move on an offer before they actually have the funds. Until then I would guess there will be little news. As for EO, I doubt it takes much time from the AZX BoD, at least not so much time that AZX BoD could not inform shareholders on whats going on I.e. ...more  
Comment by biotechguy1 on Jun 03, 2018 9:10am
Majority of probes offering is flow through ..... drilling money is what is mostly being raised. PRB will not do anything with AZX immediately !  Don’t have too. can drill east Cadillac break and wait for a year or so .... AZX will be a ghost of the past in a year 
Comment by Shylock on Jun 03, 2018 12:59pm
biotechguy1 - You obviously have an anti-AZX agenda. AZX will be a ghost of the past in a year I would not hang a hat on that inane assertion.
Comment by biotechguy1 on Jun 04, 2018 3:00pm
Not a lot of interest in Gold Juniors.   And ........Nope, got lots of AZX ? and a whackload of PRB. Just being "Practical"............ AZX is on the ropes and this lawsuit nonsense makes it worse..!  In fact...a lot of majors will wait and see...I would love for AEM to step in with 50-100 million....but they don't have to. PRB is eventually going to grab 70 % of ...more  
Comment by BASTILLEDAY4U on Jun 06, 2018 6:44pm
shylock, you finally got it right, this is going to be some ghost fo the past.
Comment by Shylock on Jun 06, 2018 10:09pm
BASTILLEDAY4U - shylock, you finally got it right, this is going to be some ghost fo the past. You can always count on the sleaze coming out on a day like today to gloat and prattle even if the communication skills lack correct spelling, content and syntax. As for you, come back in a year and perhaps someone will take pity on you and throw you a few AZX shares at a buck a piece . . .
Comment by cruisemissle2012 on Jun 03, 2018 8:58pm
Voidhunter I like this logic. From what I’ve read on this board WH seems to be a straight up guy with a reputation that is undoubtedly in jeapordy at this point. After six mnths or so at the Healm of this mess and the fact he couldn’t even announce to us the sale of the nsr deal to keep the lights on...if azx tanks I think few people would want to go near another company he’s involved with.   ...more  
Comment by Shylock on Jun 03, 2018 9:28pm
cruise - I think you are reading a little too much between the lines.  Yes, WH is a straight-up guy but in view of the fact the role of the board is to delegate tasks to management, to wit, EO, I would hardly hold him, WH, responsible for this mess.  The mess was caused by EO and no one else that we know of. It is not WH's role to bird dog everything management does.  Thus, I ...more  
Comment by cruisemissle2012 on Jun 03, 2018 9:45pm
Shylock- good point. EO as a potential “responsibility “ scapegoat would put us back on thin ice.
Comment by RYUcan on Jun 03, 2018 11:19pm
Hey Cruise, Agree with your comments. Yes all kinds of takeout scenarios have been suggested. I think AEM with Probe takeout is a real posibility and it is looking that way more and more. Could be why Probe is gearing up large with drilling cash enough for multi properties. JMO.
Comment by Shylock on Jun 02, 2018 7:32pm
biotechguy1 - One more point I neglected to address.  EO may be attempting to be the Plaintiff here but in reality we know he is the Defendant. He can try to muddy the waters all he wishes with frivolous litigation but all he is going to accomplish is hasten the day when his "counsel" will have successfully picked his pockets clean . . . He would be far wiser to desist in his ...more  
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