Alexco Resource Corp. T.AXU

The WPM deal has been restructured

[mattbigham]

Clynt is quoted as saying it now it is now akin to a 10% NSR.

When a major comes in and buys out the district that WPM deal will be dealt with.
In the meantime the massive lead and zinc credits along with the highest grades of silver on the planet will put AXU in a position to finance their next acquisitions.

Then when AXU/MMG get bought out AXU shareholders will be laughing.

Those that don't understand all of these factors are years behind in their DD.

[HuskySW]

To expand a bit on a buyout based purely on the amount of silver potential of AXU/MMG mentioned. MMG Flagship Keno Silver Project - Overview | Metallic Minerals Corporation (metallic-minerals.com) There are still major amounts of high grade silver in the vicinity of Mt. Haldane (some proven some suspected, Alianza Menerals) and along the McQuesten Valley. Keno HIll was never abandoned

[amishelvis]

Hi Matt, I'm not sure why Clynt thought it was only 10%.  It is 25% and they pay ?? 10% per ounce. With 27$ silver,, that's $2.70. Which currentlty works out to a total of 22% or so. Its a nasty little agreement but i'm still betting that axu can make money with it..and really make money if it buys MMG. Where does this 10% come from?

[mattbigham]

Clynt stated it amounted to a 10% NSR. I could go back through his recent presentations but I don't have time. Clynt will answer your questions if you email him. You are not accounting for the massive zinc and lead credits reflecting the bottom line. The end game is not about the WPM restructured agreement,it is about the purchase of additional projects with healthy profits and the ultimate