RE:RE:RE:It's too quiet in Keno Hill or just thinking winter vacayThe remediation profit never would have financed the exploration and development of Keno; the AEG division profit was small. Anyway, AEG (now known as Ensero) was just a division of Alexco until it was sold to the principles who ran it for 12 million dollars. The last I noticed they seem to be operating as a contractor for remediation of properties held by Alexco but this is not the major part of Ensero's business. Other than being a contractor, Ensero is not corporately associated with Alexco.
As far as funding exploration and property development is concerned, consider that Alexco began with about 40 million shares, and now has 150 million. That's where most of the explo money came from. The other major source of cash was the Wheaton streaming deal, 50 million USDollars, which at the time was about 70 million Canadian but later less because of the appreciation of the CAD, say an average of 60 CAD million during drawdown.
...
I'm not sure what Faro has to do with Alexco.