RE:RE:RE:Do not Touch this stockSpoke to some people in Keno and Mayo yesterday. They were not even aware that Alexco will be taken over by Hecla. So much for community involvment. As for closed doors Alexco has never been very forthcoming with infomation unless it was promotion and even then sporatic...
What is surprsing to me was that when Keno was in it's heyday 1970 - 1980 everyone knew what was going on, apparently is appears with Alexco not so much. So much for communication as least with the people I talked to in Keno and Mayo. As for lifestyle junior mining comanies, they are all the same :) Boom or bust. As for Alexco I always used to wonder if the big portals were for big equipment and big show. Portals in the area were often on big enough to fit an ore car and a miner. Anything else was unprofitable even when silver was priced higher. LOL
Stratocheif wrote: It's always like that. Rob McEwen picked up the black fox mine for maybe 5% of its value. of course nothing came of it. Mr Nauman probably knew there was no future at alexco site. And hecla paid a fair price because they probably know thats all its worth too. But he personally probably sucked out a good paycheck before he got rid of it. Now he is on the board of directors of Novagold. Raking in a fat paycheck there for sure as its a huge company. He looks after himself first....as we all do don't we. As ive said before retail investors are the dumbest people on the planet. They don't understand that they are only outside a window peeking in and trying to figure out what goes on inside a company. Not possible. When the board has meetings, the meeting room doors are CLOSED