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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. > Pretty underwhelming over at the flagship silver company
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Post by mattbigham on Jan 18, 2022 6:26pm

Pretty underwhelming over at the flagship silver company

First Majestic announced record quarterly and annual production today and the stock finished off 1.2% after being down much further on the day.
It's the flippers and funds doing their usual dance of screw the retailer after they take profits.
But nice try,Roberto. I guess you never did contact the company.

Quarterly Record of 8.6M Silver Eqv. Oz in Q4 2021 and Achieves FY2021 Guidance with New Annual Production Record of 26.9M Silver Eqv. Oz; Announces 2022 Guidance and Today's Conference Call Details; Appoints Interim CFO

Comment by roberto146 on Jan 18, 2022 8:25pm
First Majestic, etc: silver up half a buck, doesn't seem to matter. Analysts usually chalk it up to 'buy the anticipation, or the rumor, and sell the news'. This is supposed to be silver season though. One thought is that the declines in PM stocks often precede troubles in the bigger markets. But nice try,Roberto. I guess you never did contact the company. Whatever your insinuation I ...more  
Comment by mattbigham on Jan 18, 2022 11:40pm
First Majestic Silver Corp. (Canada) T.FR $13.21-0.16 | -1.20%   Bid: 13.19 x 200Ask: 13.22 x 200  Volume: 661,711  CAD Toronto Stock Exchange Delayed Price Market  Closed  January 18, 2022 4:00 PMEST We all cycle through theories. Stating the company is negligent in meeting  contractual obligations is not a theory. It's not proper form ...more  
Comment by touareg on Jan 19, 2022 3:26am
Fwiw the way I view this kind of situation is that from my past experience I know that when a sector lights up and gets the attention of the momo crowd all the companies in that sector catch a bid at some point. In the case of silver companies like FR and PAAS etc they will naturally lead the charge but by then we have a situation where the hungry for action traders are searching for the next ...more  
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