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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 > Not impressed with the current BoD either
View:
Post by PanyCheck on Jun 15, 2018 6:23am

Not impressed with the current BoD either

Where is the outcome of the strategic review ? All want happened in the last 6 months is the plan to sell some non-core assets (unknown what) and hire new management ? That's it ? And the rest remains as vague hope in the dark of a possible merger or new drilling or anything else. All justified, by not being able to say "anything" due to the circumstancies. Disclaimer: I am not EO. Nor the above should make me an EO fan. Just not buying everything blindly.
Comment by goldhunter11 on Jun 15, 2018 9:32am
Pany, By all means, you should contact Walter Henry with cc to IR with your concerns and press him for additional information. The company has been tight-lipped, but they could/should provide shareholders with more information to win the "hearts and minds" of shareholders in a proxy fight. GH ------------------
Comment by PanyCheck on Jun 15, 2018 10:21am
GH, I honor your kind advice. Just feel that such information should benefit all fellow shareholders, not just few individuals calling Walter Henry. Look: in the first 1 hour already 1 Million shares traded @4.5 Cents. So the BoD will just wait few more weeks, hiding in the woods until the AGM to get voted, end of July. While watching the share price sliding to pennies. This brings everybody ...more  
Comment by goldhunter11 on Jun 15, 2018 12:42pm
Pany, You said: "Hmmm. Communication and NRs are important in such difficult times." When you have a chance to talk to WH, mention this to him for his view on IR. As a side note, there is now a new tab "Special Meeting", in large fonts and shocking red, on AZX website, link below. Hope that they make good use of this new tab. https://www.azx.ca/ GH -------------------- Read ...more  
Comment by Flopticalcube on Jun 15, 2018 12:48pm
As always, our choice will be between a disgruntled douche and board full of turd sandwiches. Great.
Comment by Shylock on Jun 15, 2018 2:31pm
PanyCheck - The share price has already "slid" to pennies! It should be easy to understand it will take WH and the Board some time to put their plan into action.  They first of all must find good management, institute them and start to properly explore the property. I would rather they do their work carefully and with due diligence than appoint the first yahoo who comes along ...more  
Comment by easycoder on Jun 15, 2018 4:12pm
This post has been removed in accordance with Community Policy
Comment by Shylock on Jun 15, 2018 2:06pm
PanyCheck - Well, actually, hiring new management and divesting itself of non-coroe properties for cash is not a bad plan provided the management hired is a group well-known and well-respected in the industry and the properties sold are useful for quick cash to pursue further discovery on the propety we know holds gold. I have spoken with WH a number of times and thus far he has made sense and ...more  
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