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Bullboard - Stock Discussion Forum ALX Resources Corp ALXEF


Primary Symbol: V.AL

ALX Resources Corp. is a diversified mineral exploration company engaged in exploring a portfolio of mineral properties in Canada, which include uranium, lithium, nickel-copper-cobalt and gold projects. Its uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project, the Bradley Uranium Project, and the Javelin and McKenzie... see more

TSXV:AL - Post Discussion

View:
Post by MRG on Sep 09, 2024 12:30pm

So?

No news? No reactions? No controffensive bidding? It's dead !! Give me 1/4 of the new company and I will be happy,
Comment by benn10 on Sep 09, 2024 12:42pm
They always say , trust in management, boy was I wrong!!
Comment by Troyhorse on Sep 09, 2024 12:50pm
Have been trading for over 20 years now, My view is Management never cares for retail inverstors. We are at the bottom of the food chain DYODD
Comment by Troyhorse on Sep 09, 2024 12:48pm
With a float of  248 M shares we get 25% of the new company? Greenridge and ALX shareholders will own approximately 74.2% and 25.8%, respectively, of the common shares of the combined entity. WS is behind this weird marger IMO 
Comment by flush777 on Sep 09, 2024 3:23pm
(Dark) Troyhorse, you may well be correct. I will give you a thumbs up here! Good comment.
Comment by flush777 on Sep 09, 2024 8:41pm
For simplicity, WS = 4 / 248 million ...
Comment by hiram_key on Sep 09, 2024 3:43pm
20 to 1 rollback alx shares buy's 25% of new shares 
Comment by Troyhorse on Sep 09, 2024 4:12pm
Ask WS if he things this is a fair offer, and he probably will tell you it’s great.   WS has over 4M shares but he may not care to move them at .037 equivalent as he will be the President of Greenridge with great a salary, shares and option on the side of who owns the other 75% of the company. He will have many opportunities to make his money back from  his ALX shares which only ...more  
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