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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

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Post by Goodbadandugly on Nov 27, 2018 5:12am

Rollback

Looks like an imminent rollback to me.
Comment by desert_rat on Nov 27, 2018 9:31am
ASOLUTELY the end game. There has never been approval for "roll back if necessary". Glad I sold already
Comment by desert_rat on Nov 27, 2018 9:32am
I believe there may have been approval for "buy back if necessary"
Comment by mal297 on Nov 27, 2018 11:09am
Yes, they did.  See Oct 17 2017 news release on SEDAR.  What I cannot determine is whether there was a time limit on the 2017 approval of share consolidation that would require it being voted on again.
Comment by mal297 on Nov 27, 2018 11:52am
I re-read yesterdays circular and there is no doubt that this proposal is different then the last.   This is a vote to consolidate shares, not a vote to give management the option of consolidation at some point in the future if thought to be in the best interest of shareholders.   I am going to reach out to WH and see where he is coming from on this.
Comment by ggrellette on Nov 27, 2018 12:21pm
Sadly do not waste your time talking to WH who is just a liar. Told everybody that the decision of the board was to sell the company NOT RUN IT. Come on EO sue the BOD.
Comment by desert_rat on Nov 27, 2018 12:49pm
ABSOLUTELY gg! Why would EO sue the BOD? His best revenge is success - let's see where he ends up? Should be very interesting.....
Comment by desert_rat on Nov 27, 2018 1:02pm
As to WH - he was only ever the puppet of the masters PG and D.Wargo (Sprott) who foolishly believed he had a future with sprott by being their toadie. We'll see how he fares....
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