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Bullboard - Stock Discussion Forum
Alexco Resource Corp.
T.AXU
Metals & Mining
Industrial Metals & Minerals
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.
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TSX:AXU - Post Discussion
Alexco Resource Corp.
> LME Zinc Hits 14-Year High As European Smelters Halve Output
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roberto146
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Post by
roberto146
on Oct 15, 2021 2:27pm
LME Zinc Hits 14-Year High As European Smelters Halve Output
zinc price doubles in a year
And lead's up 50% in the last year ... it's not just the power shortages.
Though silver's down in price for now, the 'silver-equivalent' price will be helped for AXU sales.
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roberto146
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Comment by
roberto146
on Oct 24, 2021 10:38pm
And last Tuesday's COT report shows interest in silver especially strong.
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HuskySW
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Comment by
HuskySW
on Oct 25, 2021 10:08am
CANADA STOCKS-TSX opens higher as miners, energy stocks rise Oct 25 - Canada's main stock index rose on Monday, led by gains in the energy and materials sectors as commodity prices rose, while investors awaited a policy announcement from the Bank of Canada later in the week. TSX up 49.81 points, or 0.23%, at 21,265.96. also helps. Thoughts on a run up to Q3? It seems to run
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roberto146
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Comment by
roberto146
on Oct 25, 2021 12:03pm
I just consider AXU stock price to be a function of the price of silver and market sentiment. The specs COT long exposure has jumped recently, maybe even unusually for this time of year after being unusually low. It suggests positive sentiment for price movement, but if the general market blows everything falls in sympathy, so strange times. A year ago silver was at the price it is now, but AXU
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HuskySW
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Comment by
HuskySW
on Oct 25, 2021 12:36pm
Totally agree, I'll see where my position ends up shortly. I'm seeing a convergence between intrinsic value of share price and where it should be shortly just based on existing infrastructure value. Of course if silver and AIC don't cooperate it's different story. Why AXU needs to have 100% clarification of Bermingham, etc. reserves before proceeeding and is
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Stratocheif
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Comment by
Stratocheif
on Oct 26, 2021 4:13pm
Most gold and silver stocks have seen an upswing in the past month gaining on average about 20%. Still down 20 or 30% from last year but an encouraging development. Investors are seeing the profits adding up in this sector. As per AXU no life there. This is down for the count. Down below what it was in 2016 when they weren't even an operating mine and had far less proven silver . Maybe they
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