Post by
goldopportunity on Jul 24, 2018 7:17pm
Fwiw........
Alxdf closed at usd .0333 = cdn .0438 (boc 1.3157 close)
Alxdf down 14%. 127K changed hands. Trading stopped for almost 3 hours after meeting results had been digested. Then at 3:49 p.m. we got what could have been an outlier, a sacrifice or cross trade at the closing print.
Azx closed unchanged. Total volume on all cdn exchanges was almost 2.8M. Interesting to note that the only trades at the cdn .045 low were crosses.
Alexandria (ES et al) won the vote. Imo, this was great news for alexandria shareholders. And last friday's NI 43-101 should have potential suitors salivating as it looks like we may have quite a bit more gold in the ground. Btw does anyone know how agnico voted?
As an aside, it wouldn't surprise me if EO attempts to get a recount of the proxy vote. Or try some other nefarious trick. Just stay calm, cool and collected if this does happen.
Bottom-line:
So what happens tomorrow? I would think we'll start the session with a bit of a mexican stand-off. The bidders will want to see if there's a gradual build on the best ask. If there's a build we may slosh around today's perimeter for the day. If there's not much of a build then we may take out today's high and start to move up. But we'll see as we could also get a new NR.
When I look at the chart techs for alxdf and azx, I see oodles of upside potential. Folks, the trend is up.....and it's strong. Don't let any of the usual naysayers on this board convince you otherwise. Our upward journey will climb the proverbial wall of worry. We'll zig-zag here and there, but rise we will. That's what the charts are telling me.
I mentioned last night that I would give price points we can look forward to seeing in the next little while after we break thru today's high. So here goes:
Alxdf: Usd .039*, .040 (50dma), .05, .055, .057 (200dma), .06.
*recent sp high came within 1/100 cent of touching usd .039 resistance.
Azx: Cdn .06, .065, .07 (200dma), .075, .08.
So we'll see what happens. Always stand your ground in the markets and in life, folks. Jmvho.
goldopp
Comment by
cruisemissle2012 on Jul 24, 2018 8:54pm
I wonder if Owens will blame Russia for “meddling”...... seems to be a popular thing to do these days when defeated democratically.
Comment by
mikenooks on Jul 26, 2018 1:50pm
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mikenooks on Jul 26, 2018 3:05pm
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mikenooks on Jul 26, 2018 4:22pm
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Comment by
CountOfMeltedCrisco on Jul 26, 2018 4:38pm
"Somebody" perp'd a "paint-the-tape" trade late on the U.S. side, too; US$ .0357 with 1000 - yes, one thousand - shares. US HoD was $.044. goldenopp will have all the usual gory details later, I'm sure.
Comment by
CountOfMeltedCrisco on Jul 26, 2018 9:31pm
Thanks! If you should ever want or have need of any US Daily T&S log for ALXDF, I have them going all the way back to April of 2017. That was when I added Alex to my "close watch" mining list. Best to you, and "thanks" to Mrs Goldopp, too Count
Comment by
mikenooks on Jul 27, 2018 12:54pm
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