Some fun stuffSome fun stuff..
Alexco states that full operation will commence Q4. That's a statement not a fact. Hasn't happened yet. For all anyone knows the apparent lack of qualified miners could last through 2021.
A lot of things will become a lot clearer once the Yukon removes restrictions. Apparently it has been the major production/increased cost issue for over the past year or so. What happened prior?
As stated on this board and above there is a lack of employing/finding qualified miners. I read somewhere that you need miners to mine. And since, apprarently, there is a lack of qualified miners, the 400 TPD production in Q4 comment is just a statement not a fact.
The July presentation presented previously know facts and had nothing to do with share price?
It is stated that Alexco has 40M USD in cash. And? Upcoming financials will show the burn rate. Then there'll be a fact.
40M is not a huge amount of money to do what they need to get done. But let's see when Q2 financials come out.
In 2013 Alexco suspended Bellekeno Mine operations. Since then there seems to be a lot of drilling, exploration and raising of equity.
But going from 100 TPD? to full tilt 400 TPD in a couple of quarters judging by the comments about lack of qualified miners that appears on this board is possibly a stretch .
According to 2021 Q1 there was some concentrate produced. But it does work to have a lack of miners and then state full tilt production to 400 TPD.
There is still shipping to consider; (trucking to Skagway, barge to Seattle, then overland to Trail?). Be a while untill that revenue shows on the books.
At the end of the day the only thing that's going to raise value for Alexco is ore getting mined, concentrate getting shipped, smelted and the revenue appearing on the books.
We'll see where this all lands.