Interesting developments in the sector I have been buying AXU.. not only because it is looking like things are all falling into place at exactly the right time for the company but a few weeks ago i listened to this video with Marin Katusa (link below) where he is pointiing out that LOCATION is becoming absolutly crucial when buying resource stocks these days. As has been shown recently in Mexico and more specifically with Fortuna.
I got me asking the question how many silver companies are in Mexico?
And how many silver companies are in relatively safe mining friendly countries?
And how many of those companies come anywhere close to Alexco in terms of high grade silver / mines / exploration potential etc?
I can only think of one company and it's Alexco!
Which when you think about it puts this co in an extremely strong position when it comes to a bull market in silver.. the beginnings of which we are surely seeing..
I think alexco is going to become one of the go-to silver stocks over coming times and it is currently dirt cheap.