CCM Liquidity Report: Alexandria Minerals Corporation (TSX VENTURE: AZX) (PINK SHEETS: ALXDF)
April 23 2008 - 2:34PM
Marketwired
TORONTO, ONTARIO $ 7.8
----------------------------------------------------- 50 DAY AVG.
VOLUME 82,700 -----------------------------------------------------
50 DAY AVG. VALUE $ 14,902.00
----------------------------------------------------- 50 DAY AVG.
DAILY TRADES 7
----------------------------------------------------- 50 DAY AVG.
DAILY TRADE VALUE $ 2,129.00
----------------------------------------------------- % OF FLOAT
TRADED 0.15% -----------------------------------------------------
-----------------------------------------------------
In the most recent Fundamental Equity Report dated April 21,
2008, the analyst stated:
"The Company's management has rapidly accumulated one of the
largest gold land packages in the world class Val d'Or gold mining
region of Quebec, and holds an interest in 616 mineral claims
stretching over 32 km of strike length along the Cadillac
Larder-Lake Break."
"The Company enlarged its Cadillac Break property package during
the quarter. The Val d'Or property group was increased through a
purchase and sale agreement with Marc Deckeyser. In addition, the
Company staked 25 new claims adjacent to this new Deckeyser
property. A further 18 claims, adjacent to the Orenada property,
were also staked during the quarter."
"The Company's financial position remains strong with more than
$3.5 million in cash and cash equivalents, and no long-term
debt."
In the most recent Technical Research Report dated April 11,
2008, the analyst stated:
"Alexandria Minerals Corp. (AZX) is currently trading under the
key 5- week modified moving average at 0.177..."
"My model shows a key quarterly support at 0.142 with quarterly
resistance at 0.225. Weekly support is 0.126."
"The 21- week moving average provides additional resistance with
the 50- week moving average at 0.260."
The Liquidity Report can be found at:
http://www.baystreet.ca/articles/research_reports/ccm_research/AZX_LiquidityReport_April%20232008.pdf
CCM Research is a division of Cronus Capital Markets, Inc.
Cronus Capital Markets, Inc., through its CCM Corporate Advisory
division, entered into a one year $45,000.00 contract with the
Company to assist it with the creation and execution of
information-based strategies to overcome market inefficiencies that
are commonplace for the vast majority of public companies,
including: share illiquidity, lack of credibility, and stagnant
market capitalizations.
Cronus Capital Markets� (CCM) is a leading capital market
services firm providing services to investors, institutions,
exchanges, and public companies. CCM's equity research, indexes,
and ETFs receive international attention and represent important
new sectors of growth.
CRONUS CAPITAL MARKETS, INC. IS THE SOLE SOURCE OF THIS PRESS
RELEASE.
The TSX Venture Exchange has neither approved nor disapproved
the contents of the press release.
Contacts: Cronus Capital Markets Peter Soni Chief Information
Officer (416) 368-3700 ext 225 Email:
Peter@cronuscapitalmarkets.com
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