Alexco Resource Corp. T.AXU

Metals & Mining Industrial Metals & Minerals

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.

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Alexco Resource Corp. > Axu bashing

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Comment by HuskySWon Oct 23, 2021 5:40pm

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Post# 34041241

RE:RE:RE:Axu bashing

RuudinFrance wrote: With my 10K AXU shares at 2.24% of portfolio allocation and 12.4% current loss, every day is a fun day.

Investing is fun, just as long as you remember never to sell when the position is under water.

I didn't sell my 600K BBI/PIPE $0.28 warrants and ran them to $0.00. Ouch, one might think.
Nah, on the way down, I beefed up my sharecount in the company and Eureka, fully dilluted a nice profit, which will now multiply with time.

Man, did my 160K NLC shares get under water. It got so bad that I gave away 60K to the kids so it didn't look so bad in my own account.
They're showing a >$500K profit now and the kids think I'm a great (grand-) dad.

Shares getting below average purchase price, is good, always ends up in a win-win situation.

AXU is bound to repeat this trick that I've become accustomed to with the other companies.

Have fun.