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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 > Fwiw.......
View:
Post by goldopportunity on Jul 13, 2018 6:46pm

Fwiw.......

Alxdf closed at usd .03   =   cdn .0395      (boc 1.3171 close)

Alxdf unchanged.  69K changed hands.  Inside day.  Only 10K on the usd .035 best ask till the next resistant point at .039.

Azx unchanged.  About a 1/3rd less volume.  Traded in place.  Took out the cdn .04 best ask by mid-afternoon.  Shows a healthy.04 best bid on the print.

Bottom-Line:
So what happens on monday?   Today's action and the closing charts suggest to me that alxdf looks likely to trade over usd .035 intra-day.  And azx looks poised to finally start chewing thru cdn .045 resistance.  If I'm right, next week should prove to be quite exciting.

So we'll see what happens.  Always stand your ground in the markets and in life, folks.   Jmvho.

P.s. I asked if probe has peaked out.  Well, it may go higher, but among other things today's closing candles on probf-otc and prb-v more often than not indicate that the next trading day will be an inside day, meaning sp would trade within today's perimeter.   I only mention probe on this board b/c I believe probe may have an interest in all or part of alexandria.   Glta. 


goldopp
Comment by cruisemissle2012 on Jul 13, 2018 7:23pm
If there was any truth the .12 cent paper offer from probe and its still on the table we could see a .10-.11 stock after voting concludes. In favour of board of course.  just speculation. 
Comment by goldopportunity on Jul 13, 2018 9:34pm
Hey cruise  --  we're speculating here, but if there was any truth to the .12 offer, I would think it would be all cash (maybe cash/paper), but not paper exclusively.  Because we haven't received a formal buy-out offer (yet), I doubt we'll "see a .10-.11 stock after voting concludes."  But I think a lot of people like you are going to be thinking over the ...more  
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