RE:RE:RE:LME Zinc Hits 14-Year High As European Smelters Halve OutputI just consider AXU stock price to be a function of the price of silver and market sentiment. The specs COT long exposure has jumped recently, maybe even unusually for this time of year after being unusually low. It suggests positive sentiment for price movement, but if the general market blows everything falls in sympathy, so strange times. A year ago silver was at the price it is now, but AXU was a buck higher.
I mentioned a little while back I bought back in 'just for fun' in the 190s after selling some time before at ... 2.36. Just playing it.
They are obligated to release Q3 in about 3 weeks, so there hopefully there could be some definite quantified indication of progress in the production status, not just 'progressing well' or drilling continues, etc.