Alexandria Minerals Corp ALXDF

Why BOD steering deal to O3?! PG's raison d'etre- WH out

[desert_rat]

WH has been left out and PG and MA in control - both are Sprott soldiers. Presumably a pay out involved.

[cfaer]

Apparently so. The bigger question is why Agnico Eagle did not follow-up and take advantage of a very weakened and deteriorating 03 offer after supporting AZX all these years; made an offer praising the virtues of AZX but then quietly exited....and seemingly MAY and most likely did vote in favour of the 03 deal. Any bright lights out there want to comment especially considering the Agnico just

[desert_rat]

AE is a big Co. and AZX is early stage for them. They know they can buy it later. Its not their style to get involved in a bidding war. While they supported EO, there is no love lost with current BOD. And what of Probe? Just guessing they've been told to "stand down" by Sprott.

[chadio]

if possible take a look at the deal that Century Mining(Integra, the original Integra) was bought out by a company( White Tiger) which had never traded but given a value of 8 dollars per share which was a pipe dream. That deal went through and the sp promptly went to pennies and Whiote Tiger disappeared, then Integra got bought out by Eldorado which was given a 5 dollar per share value, it was 5

[desert_rat]

The dishonesty you describe is almost exclusive to companies where BOD and management are not big SHs (no-skin). SHs get stars in eyes when the likes of Sprott come along but the interests of financiers do not align with most SHs -  they have many more ways to make money on a "play" (like making commissions on both ends of a deal) than just an increasing SP and the risks and