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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 Looking4Doubleson Jun 24, 2022 4:50pm
204 Views
Post# 34781405

RE:Bought here!!!

RE:Bought here!!!They also still have a $29 million line of credit and revenue coming from their May production, as well as options in Canada for offering tax advantaged stock.  They also could offer stock to employees at a discount or in lieu of some of their salary.  Bottom line:  I agree that the manipulated drop does not match up with reality.

Starting to wonder if someone is trying to buy them out on the cheap.  I have seen other companies do the same thing, right before a company goes into production.   (ie  Acquire an initial position, while driving the stock price down and then making an offer that they think looks good to shareholders after the drop.  )

Also agree that they should make more money in Jan than they would at $21 silver
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