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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 Shylockreturns on Jul 14, 2019 10:02pm

OIII

OIII is not my preference either but should AZX end up being hooked up with it, I would not write it off.

Remember, the taint of the former CEO yet hangs over Alexandria like a heinous stench and has IMHO served to complicate all the dealings and artificially lowered the price any entity is willing to pay for Alexandria despite its known gold deposit and incredible potential.  It is a situation in effect comparable to the alleged arch-pervert Jeffrey Epstein's 56M dollar mansion in NYC near Central Park.  Before he was exposed and the indictment unsealed, any upscale NY realtor would have said the place could easily be sold for 56M to 77M but now there is a horrid stench permeating it and the perceived value consequently lowered substantially.  It is, although purely psychological, of great significance because of decent folks' gut reaction to what is said to have gone on behind the mansion's ornate door.  Check this interesting article:

https://www.marketwatch.com/story/jeffrey-epsteins-56-million-mansion-could-become-a-real-estate-nightmare-2019-07-12

In like manner, I don't think there is any doubt that the trouble caused by the former CEO has tainted Alexandria.

However, when all is said and done at the end of the day, that taint will have evaporated and OIII can with Osisko get down to business.  Fact of the matter is OIII could see significant appreciation secondary to excellent drill cores demonstrating more and more gold resident in Alexandria's properties.

So, although we continue to be disadvantaged presently, I believe it is temporary.

And it is still possible AEM or another major will not want Alexandria to 'get away' and show up at the last moment.  Stranger things have happened.

Good fortune to all Alexandria shareholders of good faith.
Comment by bullura on Jul 15, 2019 3:59am
We are in a play now. lets just wait 2 more weeks and we see what happens. one way or another, alexandria is sold in a highest bidder. nobody knows is it OIII who gets  it 07 cents per share or is there gonna be  higher bid. shareholders just need to accept that this might go to OIII for a bargain.
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