RE:RE:It's too quiet in Keno Hill or just thinking winter vacayThank you, interesting chart, any thoughts of where this is goling to land in regards Alexco share price by Q4? Originally I had thought maybe it would hold current price, now I'm not so sure after dropping below 2.00 CAD. 2 months ago I thought a buck and four bits as an entry point now even that is suspect. What I had noticed is a pattern in the share price over the last 2 months.
As a side note:
There looks like there might be a bit of activity in Faro ramping up.
By Nelson Bennett - BiV.
B.C. investors behind major mine restart in Yukon - Resources & Agriculture | Business in Vancouver (biv.com) Investors in British Columbia back Faro mine restart in Yukon Territory - MINING.COM Faro's not the size of VG but it's still a heck of a play. They only have about 25% of ppl left but it's a good start to a local labour force. As mentioned in the article Faro never closed for lack of ore but was wrapped in external company issues.
Excerpt -
"And we also have a project just to the north of this called the Silver Range lands, at which a 36-million-ounce silver deposit has been found.” Alexco's (AEG) is great at profitable remediation initiatives and drilling holes, I can just hear ppl already, but minings a dance between ongoing for profit works and drilling holes, it is possible that originally Alexco thought that remediation was supposed to finance a larger part of the exploration?
But Faro could easily end up at $1b+ in existing remediation. At Alexco's margins they could raise enough capital to further finance Keno Hill?
Have fun - "shamelessly cloned"
GTLA