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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

Post by mattbighamon Jun 28, 2021 8:56pm
303 Views
Post# 33464257

silverchartist.com features AXU

silverchartist.com features AXUJeff Clark did the write up.
In depth details on the Covid situation and Yukon restrictions that disallowed workers from outside the Yukon and kept AXU at 25% manpower.
AXU finally negotiated a concession from the govt and new workers could do their 14 day quarantines on site.
Severe govt restrictions on a remote site coupled with the need to attract qualified/specialised workers set the company back. They have to train locals with  qualified/specialised workers that were hard to attract in the strict Covid conditions - nor the isolation.
The dilution was 5.3% on the financing. Mgmt. insists it was being cautious to ensure/achieve full production in Q4,given their Covid /operational setbacks.
Only a handful of companies globally with AXU's leverage to silver.
Talks Bermingham Deep,the drilling,the upside,the potential surprises,what it means for the future,AXU's resource,production and mine life.
Patrick Karim then performed a P&F chart: Breakout point and the initial "vacuum price".

The silver chartist is good value -especially for the $10/mo. subscription price.

https://www.silverchartist.com



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