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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 HardWaySixon Jun 28, 2022 12:10pm
207 Views
Post# 34787807

RE:RE:RE:RE:Really now! - 5K @ .3775

RE:RE:RE:RE:Really now! - 5K @ .3775"Expensive credit is better than no credit, and offering shares for peanuts is not a good option at least at these levels" - Agree
"To go from everything's fine, to working capital deficit and need to raise cash to fund operations, and shutting down production after stating that production will ramp up in Q2 has not inspired confidence among investors in the planning and management of this operation." -  And this this I beleive is the real issue.  "Blue sky" comments on go so far.  There were a lot of cautionary note regards the dilling of holes in relation to going into miling and production.  After the "inventory" period will the restart, maybe, in  my opinion it wil depend on the price of silver.

WPM reaction may be harsh or they may just let it ride, hard to say. In the meantime in my opinion the share price will most likely suffer.
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