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Bullboard - Stock Discussion Forum 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 Discussion

Alexco Resource Corp. > This silver run might be one for the record books
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Post by AngelEyes3 on Sep 01, 2020 12:19am

This silver run might be one for the record books

If you took the 50 dollar silver price of 1980 and coverted it into todays dollars it would be over $320 according to Shadow states inflation statistics. Now the 2011 price point did not hit the 50 dollar mark but was just shy of that point. So the only commodity that has not been higher than its 1980 price is Silver. In the old days Alexco was called United Keno Hill Silver. It hit a price of 50 dollars per share. So the question is if silver does a major run and I feel it will this time over the next several years. These shares might be a great way to ride the bull higher. I think all silver producers will do well. Eventually any share with the name Silver in it will do well once the final leg starts. Good Luck everyone
Comment by jimdines1234567 on Sep 01, 2020 8:12am
Very, very, very, exciting times to be an investor in silver stocks, especially AXU as well as it's, contiguous neighbor MMG!!! I love owning the Jan 2021 2.50 AXU calls...
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