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Bullboard - Stock Discussion Forum Alexco Resource Corp. T.AXU

Alexco Resource Corp is engaged in mineral exploration, and mine development and operational activities primarily in Yukon Territory, Canada. The company explores silver, lead, zinc, and gold deposits. The firm's projects include Keno Hill Silver District, Flame and Moth, Bermingham, Lucky Queen, Bellekeno, and others.

TSX:AXU - Post Discussion

Alexco Resource Corp. > Here's some light reading for quiet day
View:
Post by GreyWhiskers on May 19, 2022 5:18pm

Here's some light reading for quiet day

Hey J13 and buddies if your going to get upset don't read further. OK?
 
I wouldn't put another plugged nickel into this venture untill Axu comes up with a better plan than looking for contractors that come with parts. 
 
All you promoters and J13 have you thought of the possible fact that there are people still around who may just know Keno Hill workings , the McQuesten and area just as well or better than most.  I can imagine that there are more than one or two still around.  Wonder what they're thinking.  Probably thinking remember '89 or '14. Probably thinking more tomfoolery here.
 
For sure buy all the Axu you want and listen to the promoters here telling you what a great fantastic deal this is, but maybe also read about the shareholders who are thinking this wasn't/isn't such a good deal or sure thing.  To be fair click the quote button to max and formulate your own opinion and compare it to the price of Ag. 
 
Some shareholders think Axu is a play on the price of silver or it's mission is to build a provable amount of Ag and then look for a buyer.   If so, the trick is to first show a profit, lol, people don't usually buy a losing mine.  lol
 
Axu history shows that when silver went up shares went up.  When silver went down it closes to "preserve capital"  Big  surprise, right? The question is are you feeling lucky?  :)
 
 
1 - Axu is not showing a profit.  
2 - One closure already "to preserve capital" due to price of Ag.
3 - The promoting just keeps on and on and on.
4 - Missed guidance! They had months to write and produce a piece of paper (Good, Bad or Ugly). Now they need to find "clarity"?  So the question is what is the time frame for this "clarity".
 
 
Weird stuff
1- People claiming they bought at < $ .50 and didn't sell at > $ 4.5 because of honour or some other reasons?  Probably waiting for the 10 + bagger. Come on, seriously?
2- People comparing Netflix or Victoria Gold shares to Axu shares are either out of touch with what Axu is or they are really misguided.  Sounds like a Hail Mary.
 
For your own DD some light reading.
 
Issued in 2012 (five year mark)
 
https://www.bloomberg.com/press-releases/2012-05-24/alexco-commemorates-over-five-years-at-keno-hill
 
Recent analysis by stockinvest.us
 
https://stockinvest.us/stock/AXU
 
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