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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 > Just for fun
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Post by Aurum79 on Nov 05, 2018 6:09pm

Just for fun

Between akasaba and Orenada their website shows they got about 840000 ounces indicated and infered....not counting sleepy. If they can get that up to a million with high potential to add here’s what I think..... if a major can look at us and determine they can pull 1,200,000 ounces out of the ground between two mines at a cost of about 1000 bucks an ounce plus 150,000,000 for mine costs and sell for 1400 an ounce that’s about 330,000,000 bucks profit. And they can prob do it for less. What’s to stop a few companies from offering 60-80 million for those easy pickings. I think we’re sitting good just got to wait to get the ducks in order. Good news not far off.
Comment by biotechguy1 on Nov 06, 2018 9:09am
Aurum, This is the game.  AZX has limited resources financially to carry out anything.  So vultures are circling. If they want to keep Akasaba and Orenada they need to decide what else there selling to straighten there books.  I say .......... HUDBAY Deal Done  Sleepy Cadillac Break East ( already will lose 60-70% ) Dave P will get to 70%. Sell what ever they can ...more  
Comment by goldopportunity on Nov 06, 2018 5:37pm
Hey BTG1  --  alexandria's end game is a buy out.  Imo, alexandria has more upside percentage potential than your beloved probe.  Speaking of which, looks like prb-v followed pog lower today so sp failed (again!) to reach that ever-elusive 200dma.  What you want to see in prb-v is a close above 1.22.  What you don't want to see in prb-v is a close below 1.12. ...more  
Comment by biotechguy1 on Nov 06, 2018 6:20pm
Goldopp, Not worried....lots of cash on hand PRB will do just fine....I think you might want to call Walter Henry and find out where the assays are and why they have not been announced! The gold is there and it's not easy to mine....look at the history of buyout's it's either grade or it's ounces.....and AZX has neither. All the sharks smell blood in the water....so give it a ...more  
Comment by goldopportunity on Nov 06, 2018 8:50pm
Hey BTG1  --  you may have forgotten that alexandria has more gold in the ground than probe (alexandria 2.11Moz vs probe 1.3Moz).   Sharks like guys like you who are complacent about their stock.  You know, of course, prb-v hasn't had a capitulation sell-off.....yet.  And I seem to remember a double-digit call on prb-v I gave you a couple of weeks ago that came to ...more  
Comment by biotechguy1 on Nov 07, 2018 9:32am
Thanks, I would worry about the AZX outstandig debt and assets they are selling....2.11 million ounces spread amgonst ......some shallow some deep...no mill around ...... https://www.azx.ca/wp-content/uploads/2018/08/Total-Resources-AZX-2018.pdf Take out HUDVAM and others !    Like Sleepy is 60 % probe soon to be 70 %  Still 630 +/- million O/S shares. New 43-101 for PRB in ...more  
Comment by biotechguy1 on Nov 07, 2018 9:36am
Dont' forget WIM at 250,000 ounces....so they sold 500,000 ounces of your alleged 2.11 and gave 60% of sleepy to PRB...so I have them pegged around 1.38 million ounces @ 100 % ownership Whatever you believe is what you believe....have no emotions only strategy. PRB's share price did this before no worries. GLTA 
Comment by Curvature on Nov 07, 2018 11:01am
This post has been removed in accordance with Community Policy
Comment by biotechguy1 on Nov 07, 2018 3:21pm
Yes well to me PRB should stink bid the whole thing at 0.015 per share and walk away...quick before the Keurig coffeemaker !
Comment by mystique1 on Nov 07, 2018 5:24pm
biotech...........Henry is in over his head. Good thing we have a trained monkey in storeroom to over look activity.
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