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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. > Some fun stuff
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Post by HuskySW on Jul 20, 2021 12:53pm

Some fun stuff

Some fun stuff..

Alexco states that full operation will commence Q4.  That's a statement not a fact.  Hasn't happened yet.  For all anyone knows the apparent lack of qualified miners could last through 2021.  

A lot of things will become a lot clearer once the Yukon removes restrictions.  Apparently it has been the major production/increased cost issue for over the past year or so.  What happened prior?

As stated on this board and above there is a lack of employing/finding qualified miners.  I read somewhere that you need miners to mine.  And since, apprarently, there is a lack of qualified miners, the 400 TPD production in Q4  comment is just a statement not a fact.

The July presentation presented previously know facts and had nothing to do with share price?

It is stated that Alexco has 40M USD in cash. And?  Upcoming financials will show the burn rate.  Then there'll be a fact.  

40M is not a huge amount of money to do what they need to get done.  But let's see when Q2 financials come out.

In 2013 Alexco suspended Bellekeno Mine operations.  Since then there seems to be a lot of drilling, exploration and raising of equity.

But going from 100 TPD? to full tilt 400 TPD in a couple of quarters judging by the comments about lack of qualified miners that appears on this board is possibly a stretch . 

According to 2021 Q1 there was some concentrate produced. But it does work to have a  lack of miners and then state full tilt production to 400 TPD. 

There is still shipping to consider; (trucking to Skagway, barge to Seattle, then overland to Trail?). Be a while untill that revenue shows on the books.

At the end of the day the only thing that's going to raise value for Alexco is ore getting mined, concentrate getting shipped, smelted and the revenue appearing on the books.

We'll see where this all lands.
Comment by Jean33 on Jul 20, 2021 3:23pm
Hola here are some facts. it appears through each of you're post that you like to state facts about the mining shortage. You always seem to implied by being vague that axu will deceit and may be going under. are you an expert in mining? How many miners axu require to achieved their goal of 400 tpd? how many miners have they on pay roll right now? They have 40 m in cash you're stating their ...more  
Comment by HuskySW on Jul 20, 2021 5:14pm
Whatever They are public, their accounts are public.  Though generally they are unaudited and may not follow GAAP.  Alexco themselves has stated there is a lack qualified miners.   You also forgot to mention is I said lets wait and see for Q2. I'm implying nothing though I am free to form my own opinions, it's a free country. Read Alexco's own dislaimers. From ...more  
Comment by mattbigham on Jul 20, 2021 5:17pm
Yeah,that whatever is you bashing the company so own it.
Comment by HuskySW on Jul 20, 2021 5:40pm
Companies in my world are just that.  Companies.  Sometmes they succeed and sometimes they don't.  If my comments are bashing, whatever, I've heard a lot worse from comments and arguments in the boardroom. From - Alexco 2020 AIF Negative Cash Flow From Operating Activities The Corporation has not yet consistently achieved positive operating cash flow, and there are no ...more  
Comment by Jean33 on Jul 20, 2021 3:28pm
Further just read you're post, where you state 40 m is not a huge number to do what they have to do care to breakdown the number. It appear you are an expert and known how much money they need to complete what ever step they still have to do. Put down number and let verified them with axu. Lay down the number and I will forwarded to axu and request a replied then we will see what management ...more  
Comment by HuskySW on Jul 20, 2021 5:51pm
I can do my own requests thank you.  Not an expert but do have an opinion.  After all investment does not mean having to agree or believe everything. Just saying.
Comment by roberto146 on Jul 20, 2021 4:09pm
"... comments about lack of qualified miners that appears on this board ..." The funny thing is that in previous negotiations and agreements the push was to employ x number of locals i.e. Yukon residents ... do they not wish to be trained and work? Is it really necessary to advertise for non-residents with experience to come and work there? Isn't there some percentage of locals that ...more  
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