Alexco Resource Corp. T.AXU

Is this company hedged at all?

[Terry21]

Besides the wheaton stream has the company hedged silver at all?  Thanks.

[Correctionor]

@Terry21 Alexco has a 5 to one, or thereabouts, beta to silver. It offers plenty of exposure to the price of silver which is great for anyone seeking that. Does that help? Hedges are minimal, if any.

[Terry21]

Thanks for the reply Correctionor.  

[Correctionor]

Actually, @Terry21, someone from ceo.ca mentioned the beta changed. I said to you five before and it was. The person mentioned it was 1.26 now in the new presentation, provided a link and page. It changed. I'll haven't had a chance to evaluate the new changes as of yet. I'll verify the figures this weekend.

[AngelEyes3]

Yes they are with Wheaton.  From yahoo finace: The amended silver streaming agreement applies to 25% of Alexco's payable silver produced at its Keno Hill silver mining operations in Yukon, Canada. The newly agreed variable production payment is defined by a pricing curve with an apex at $19.45 spot silver price where Silver Wheaton will make a production payment to Alexco of $18.00 per

[Correctionor]

That is not the current agreement. That doesn't even come close to applying now. Come on, man!

[roberto146]

Angel: In case you missed it, the Jun 24 news release regarding new streaming agreement (Not hedge, and also Not royalties; this is a streaming agreement for the 50 million USF development funds advanced to Alexco from Wheaton about 12 years ago, substantially secured by AXU assets, and modified several times since): https://stockhouse.com/news/press-releases/2020/06/24/alexco-moves-forward-to

[westcoast2019]

To add a bit more to this story it seems not all of the claims in the Keno Hill area are covered by this new agreement. On Sandstorm Gold's Website they list some 25% royalties on properties not included n the current mining plan that Alexco may want to include at some point. The Keno Hill project is located in the Selwyn Basin in the Yukon Territory. The property lies within the Keno Hill

[AngelEyes3]

Thank you for the heads up. But no matter how you want to fram it their will still be a drag on share price because of it. As stated I am not a fan of this type of funding because share prices will reflect this in time

[cubswin]

Attention AngelEyes... It may, but not before it goes up 200% from here in the first 6 months of true produciton. Then Lets not forget they left 66% of the Reserves out of the Mine plan #'s for this current operation. Don't assume that produciton drop off in year 4-5-6 ststed in their presentation is a factual number... And let's not forget they still hold / kept the Reclamation

[roberto146]

Angel, the $50 MM USF SLW funding built the mine and mill during the financial crisis when funding was typically not readily available. And the cost of that funding has been built into the share price for over 10 years. The streaming agreement terms and the production test fulfillment date has been favorably renegotiated several times with SLW, who could have claimed default many times but have