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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 20, 2018 5:32pm

Fwiw.......

Alxdf closed at usd .035   =   cdn .0459     (boc 1.3142 close)

Alxdf finished the week up 16%.  Closed session with the former usd .035 best ask taken out, and a new best ask at the next resistant level of .039.

To the casual observer, azx-v closed unchanged on light volume of 154K.  Whereas most of the alternate cdn exchanges show azx up 12% on combined volume of 1.56M.  So what gives?  Looks to me that there was overwhelming demand from house haywood which bought slightly more than 1.4M.  I suspect he ptb didn't want this relatively huge demand to overwhelm the primary exchange, so orders were routed to the alternate cdn bourses

Also, beautiful timing in getting that NI 43-101 released.  Good work easycoder.  And tip of the hat to GH for his initial thoughts.l 

Bottom-line:
So what happens now till tuesday's meeting?  As I said last night, the odds would seem to favour that we could see: alxdf taking out usd .035 (again on monday??), and at least touching .039; and azx taking out the cdn .045 best ask, and at least reaching .05.

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


goldopp
Comment by goldopportunity on Jul 20, 2018 5:48pm
Addendum to my post: Forgot to add the following important point (and I had it in my notes too):   The azx-v sp would have closed at cdn .045 (vs .04 print) if it wasn't for that deliberate td cross of 7K about 9 seconds before the close.  Yup, manipulation is alive and well, folks.  Have a good weekend everyone. goldopp 
Comment by goldhunter11 on Jul 20, 2018 6:04pm
goldopp, I may add that there was something strange about the TSX-V, there was no activity until 3:16, then there were a total of 3 trades (see SH/quotes). The first 2 were @ 0.045 with 91k and 56k shares, then in the last few seconds (15:59:51) somone managed to sneak in with 7000s to force a close @ 0.04 (manipulation?). Also, note that, in Stockwatch Tables, most large blocks in toe 300k-425k ...more  
Comment by goldopportunity on Jul 20, 2018 8:08pm
Hey GH  --  good points all.  Yup, things looks pretty good as we head into next week.   Jmvho. goldopp Also, note that, in Stockwatch Tables, most large blocks in toe 300k-425k shares were traded in smaller exchanges @ 0.045. Looks like people are getting interested in AZX, following the filing of the Technical Report (showing quite a bit of potential upside for ...more  
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