Alexandria Minerals Corp ALXDF

Fwiw........

[goldopportunity]

Alxdf closed at usd .0357   =   cdn .0466     (boc 1.3065 close)

Alxdf down 8%.  4X yesterday's volume.  No trading for almost 5 hours after initial opening trade.  The big news was that formidable usd .039 resistance level was finally taken out (could see it back again tomorrow, though).  I loved that more than a penny bb/ba spread in the last hour -- very bullish.

Azx unchanged.  Total volume on all cdn exchanges was 1.343M -- about the same as yesterday.  For a change, about 90% of the trading was on the tsx-v, not the alternate bourses.  The big news was sp taking out the cdn .055 ba.   And we even had an .06 ba for a short bit this afternoon.

Today was a very important day as alxdf and azx broke above their respective 50dma intra-day.  Many may not have realized that we have not traded or closed above the 50 since may for alxdf and march for azx.  So today was a big deal.  And even though we fell back before the close on light volume, at least the st techs came down -- bullish.

Bottom-line:
So what happens tomorrow?  Alxdf may retest today's low, but I actually think we'll get another higher low (we'll see) with sp closing below today's high.   Azx may trade to cdn .045 on the low (could be a cross if this happens), and trade most of the day between .05 and .055.  I think we'll have lower volume on both stox.  And I could see a full penny spread on the bb/ba for most of the session.  Remember, the wider the bb/ba spread, the more they want your valuable alexandria shares.  

Folks, it's my belief that there's been a huge "hidden" demand for alexandria stock.   I suspect, as maybe some of you have too, that da boyz have used the alternate cdn exchanges to load up on alexandria shares.  Why would they do this?  Simple.  So it wouldn't expose their substantial buying interest, which could very well have spiked the sp if they had used the primary tsx-v bourse.  Of course, this in turn would have infuenced alexandia's otc sp.  In essense, using the atlernate exchanges has perhaps "hidden" the actual real demand for alexandria stock.  Today's lack of volume on the alternates may signal the da boyz are ready for the next move up.  Could be wrong, could be right with this speculation.  Something to think about.


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



goldopp

[Shylock]

goldopp - Thank you so much for your diligent and consistent work on analyzing each day's action. I fully agree with you that there is a huge "hidden demand" for this stock. The issues with kook Owens aside, this company still has serious ounces in the ground and with further drilling and coring, possibly a huge amount more. And this is just one of their properties, too. The

[goldopportunity]

Tks shylock.  Here's back at you for the valued inspiration and insight you've provided this board.  You're absolutely correct when you said " this company (alexandria) still has serious ounces in the ground and with further drilling and coring, possibly a huge amount more."  Yup, there's a lot of unrealized value that still needs to be reflected in

[Marine2]

goldopp Lets face it AZX cought between a rock and a hard place, low gold prices, summer goldrums and AZX running out of money. AZX being served up to the sharkes as we speek,, be lucky to get .04 on a buy out. Time will tell but timing not good for us  ! M2

[mikenooks]

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