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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. > Couldn't resist bought another 5k shares at .3775
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Post by Bigredlark12345 on Jun 27, 2022 10:52am

Couldn't resist bought another 5k shares at .3775

AXU has approximately 90Moz. of silver in the reserves and resources category of which 70Moz.At a very high grade of 804 g/t Ag | 1,035 g/t Ag Eq Reserve Grade.It's as close as you can come to a pure Silver play as you can get.Roughly 80% of revenues from Silver.Tier 1 Jurisdiction & Great Infrastructure.Connected to the Yukon hydro power grid Year-round highway access, all season airport.Concentrates shipped year-round through deep water, ice-free portExcellent Organic Growth Potential,Increased Resources by 24% in 2022 43% expansion of Bermingham Indicated resource Increased estimated reserves by 22% in 2021.I don't think the capital raise will be to dilutive.In the past capital raise were small and not bad terms.
Comment by Looking4Doubles on Jun 27, 2022 11:30am
Congrats !   I think that price will be seen as a "steal"around this time next year.   I will also be buying throughout the next 4-5 months and then will be smiling all the way to the bank next year. Never in my wildest imagination did I think I would get a chance to buy shares at this level (after being over $3.00/sh last May) ha ha   Our SHORTs are tying to ...more