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Alexco Resource Corp. T.AXU

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.


TSX:AXU - Post by User

Comment by Heywood_Silverson Dec 04, 2021 3:48pm
97 Views
Post# 34198823

RE:Let's play the 'strategic acquisition' game

RE:Let's play the 'strategic acquisition' gameFirst Majestic is primarily involved in Mexico.  If they had their sights on any acquisition target my guess is it would be Discovery Silver since Discovery is in Mexico and it will one day become the world's largest producing silver mine according to their CEO.

Remember back in 2015 when Keith N started the "gold bank" company to pick off junior projects with the idea of developing them?  Acquiring a junior such as Discovery fits right in with his business model, preferred metal and preferred location.

Oh, by the way, Sprott is Discovery's largest shareholder.  Personally, I don't want any rumours of a takeover until we are north of $5 a share, so I am fine waiting to see how many different suitors will eventuall come knocking....

Would FM pull the trigger on a Canadian silver miner?  Possibly, let's see what happens.
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