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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 by User

Comment by roberto146on Aug 13, 2020 3:13pm
222 Views
Post# 31404945

RE:RE:RE:RE:RE:RE:RE:Is this company hedged at all?

RE:RE:RE:RE:RE:RE:RE:Is this company hedged at all?Angel, the $50 MM USF SLW funding built the mine and mill during the financial crisis when funding was typically not readily available. And the cost of that funding has been built into the share price for over 10 years. The streaming agreement terms and the production test fulfillment date has been favorably renegotiated several times with SLW, who could have claimed default many times but have been working with AXU during a tough silver market of many years.
Some shareholders and observers have the attitude of borrowers who are supplicants appealing for a loan, and when the loan is granted disparage the lender because they owe money.
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