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Bullboard - Stock Discussion Forum ALX Resources Corp V.AL

Alternate Symbol(s):  ALXEF

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

ALX Resources Corp > I will take .10 cash
View:
Post by Troyhorse on Oct 09, 2024 1:48pm

I will take .10 cash

JMHO or my vote will be a redundant NO......

DML?
Comment by benn10 on Oct 09, 2024 8:33pm
...or wait till gxp hits 2.25 lol
Comment by Troyhorse on Oct 10, 2024 12:02am
What are the chances of that?  Even if GXP goes up to $1.50's level is like selling ALX at .07 cent. I personally think GXP will go lower
Comment by hiram_key on Oct 10, 2024 6:07am
If math is correct the total shares of the combined entities is roughly 50M...so any positive news is good news for share holders 
Comment by hiram_key on Oct 10, 2024 9:39am
Yield over Quantity  Two Apple orchards one with 1000 trees the other 500. At harvest the one with the most trees harvested 500 bushels of apples  the other had a higher yield of 1000 bushels with lower costs this more profit 
Comment by Troyhorse on Oct 10, 2024 2:36pm
If math is correct GXP share price is heading lower and lower. And with that ALX equivalent offer is slowly collapsing $0.76 -$0.01 -1.30%
Comment by hiram_key on Oct 10, 2024 3:14pm
It Is all relative...of course...if you believe that alx's properties will not yield under this agreement then that is your view 
Comment by Troyhorse on Oct 10, 2024 8:12pm
The ALX properties can yield but easily mismanaged by GXP  Don't think this is best option for ALX and will prefer another stronger partners like DML. So my vote will be NO and hope for a better partner or better offer 
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