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. > LME Zinc Hits 14-Year High As European Smelters Halve Output

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Comment by HuskySWon Oct 25, 2021 10:08am

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Post# 34044329

RE:RE:LME Zinc Hits 14-Year High As European Smelters Halve Output

CANADA STOCKS-TSX opens higher as miners, energy stocks rise

Oct 25 - Canada's main stock index rose on Monday, led by gains in the energy and materials sectors as commodity prices rose, while investors awaited a policy announcement from the Bank of Canada later in the week.

TSX up 49.81 points, or 0.23%, at 21,265.96. also helps.

Thoughts on a run up to Q3? It seems to run up prior to a release of financials. IMO Investers are the optimists in any equation.

IMO The current stock price is not outstanding but it's not outrageous either, it just needs silver price to remain stable (better yet increase), AXU to follow through at 12 AIC (IMO a number which is always stated in the best possible light, it's business) ,get operational, process and ship as planned and show profits. Basically for AXU to get the lead out. No pun intended. AXU requires a good Q3/Q4 and a recovery of the global economy (not just macro).

Best