RE:RE:RE:RE:The shorts,flippers,liars and thieves are on notice Yes, it's very evident from the COT that the criminals have been accumulating a very large short position in silver (and gold) and so it looks likely we will see more selling here at Alexco.. my take is that this is a big one and these big ones happen when they have decided to let silver run higher due to too much pressure.. so, if you follow my reasoning, once the big smash is done and they have got retail and some funds etc selling into their greedy paws they will accumulate big time and then we will see a big move in silver.. maybe we see $30 in January / Feburary or even $30+.
How often do we see a sharp move down before a big move up? especially in resource stocks in my experience and I've been in this sector for nearly 20 years now.
Then we also have quite a situation occuring in the silver market generally as others have pointed out.. with countries like Mexico and Peru etc becoming more and more unstable for silver miners and some of the majors like FR looking to relocate from those unsafe countries. So they are going to be hunting big time for the likes of Alexco.. in fact in my book Alexco will be no 1 on thier list of possible targets. M and A activity is growing generally too.. as per GBR buyout to Kinross this week etc...
So buy more if you can afford to and if not sit very tight.. those who sell will regret it for sure.. i believe we are moving into a new phase in this bull market and 2022 will see some major revaluations of miners like Alexco.. quite possibly making some of those broker predictions look extremely conservative!