Alexco Resource Corp. T.AXU

Undervalued

[Silvermax]

Bought more today, the results are spectacular!

[roberto146]

Excellent results as usual, comprehensive overall update, except still no recent TPD throughput, just anticipated necessary ramp up to 400 TPD in Q4 ... last number given was 176 TPD in Quarter ending June.

[HuskySW]

According the CP (09/21) District Mill Performance | Cyclones, tailings filter press, fine ore feeder and crusher building all completed. Recoveries and concentrate grades on plan. Demonstrate mill nameplate capacity of 18tph (400tpd) in Q4. What is says is demonstrate namelate capacity by Q4.  Assuming one shift allowed?  Mill expansion requirement?  In any event it is possible

[roberto146]

"demonstrate namelate capacity by Q4.  Assuming one shift allowed?" The terms of the SLW agreement require 30 days at 400TPD ending 12/31/2021. The latest agreement is: "If the completion test is not satisfied by December 31, 2021, the Corporation will be required to pay a capacity related refund to Wheaton in the maximum amount of US$8,788,000, which can be further

[HuskySW]

Thank you As I now understand it there will be 3 shifts required to produce the expected TPD.  I'm doing an analysis of where I think the stock will be in December.  In my opinion this is appearing more and more a play on an increase in the price of silver?  If another "sweetner" is forthcoming the terms will be interesting.   Best

[RuudinFrance]

Ever heard of the expression "Force Majeure"? Have fun.

[mattbigham]

Excellent point,Roudin: Examples of events that might trigger a force majeure clause into effect include a declaration of war, a disease epidemic, or a hurricane, earthquake, or other natural disaster events that fall under the legal term, “act of God.”

[HuskySW]

Ummmmm   Yes. Is that where the price of silver drops and a company decides to go on a hiatus to perserve capital. Thank you.  LOL

[RuudinFrance]

Going on "a hiatus to perserve capital" by drilling 20000m (80%), you mean? Good to have you on board Husk, you're funny. Have some for yourself, have fun.

[HuskySW]

I know right?  Some get and some don't.  I do feel for the ppl who bought mid-year though and I'm being sincere here.  In my opinion, all tihngs remaing equal (like no AoG, FM) the investments may recover by early 22 if Q3, Q4 be encouraging and don't miss guidance.   Have a great day too. PS.  That's a lot of core to review, catalogue and assay

[HuskySW]

Is that like the apocalypse.  LOL Best

[Stratocheif]

Indeed. Who knows it might even double in price and i'll break even. We can all dream eh