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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

Post by HardWaySixon Jun 27, 2022 12:26pm
179 Views
Post# 34784927

Really now! - 5K @ .3775

Really now! - 5K @ .3775In my opinion only and for entertainment purposes only.

.3775  maybe traders working the majic...  Lol

Doubles:

Good points, except I thought this was the Axu board and that Axu was the discussion.  So my references were to that point, but you now appear to smear it every which way into a global affair but that is fine.  

Buy all you want.   But in my opinion your tactic seems to be as a promoter.

If I remember correctly, the last time anyone checked Axu got bailed out was by a streamer (WPM).  If you consider that a bank fine.  But I seem to remember others not wanting anything further to so with this.  Show where others were so willing to jump  on this deal.

I will also refer to a Financial Post comment..

"Over the past few years of languishing metals prices, junior miners have turned to alternative financing options such as royalty companies or streaming agreements, which force miners to commit to a long-term royalty payout or agreements to sell their products at a severely discounted price in exchange for upfront cash."

In my opinion this is still one risky play and in almost two decades of Keno Hill activity they have used a lot of cash (so far spent on drilling, exploration, salaries, mill, mgmt salaries and bonuses, flights, cam  and so forth) and will continue to do so until  it appears in Q1 of 23, all will be made whole.  If people want to believe that, that is fine.

You are entiled to your opinion though, and best of luck.   I will not touch Axu again until Axu puts out more information on how they plan to keep this running without more cash or some other proposal..

PS I don't suppose you have noticed the stock price lately.  perhaps people a lot smarter than me have caught on to the abysmal Axu performance todate.  

Hardway
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