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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. > Miss as usual
View:
Post by michaelstl on Mar 21, 2022 9:02am

Miss as usual

However, thing are definitely looking up.  Question is, Will they have to go back to the market to raise more money?  If not then I think this is definitely a buy on any weakness.  The future looks brighter now then it has for a long time.
Comment by touareg on Mar 21, 2022 9:14am
Agreed.. looking very good for later this year but this NR will probably create a little sell off imo.. market always overreacts which is great if you have some dry powder to add.. in my case will just sit tight.. I don't think we will have to wait too long before considerabe sp increase in both AXU and silver.
Comment by michaelstl on Mar 21, 2022 10:09am
I concur.  This stock is really in a explosive position in relation to the future projection for increasing  production and cash flow from here on ourt.
Comment by miningman on Mar 21, 2022 7:26pm
absolutely  pathetic  financials as well as operting  numbers.   I  was looking at  buying  in  but  luckily  continued to procrastinate.    Covid as an  excuse is wearing really thin........... other  mining companies deal with this and  reach their goals.  This  is  total mis management
Comment by touareg on Mar 22, 2022 4:50am
Market would appear to consider the news positive. I think so too.. I do not think Alexco management are inept or making excuses at all. What can be done when half the work-force is forced to isolate? Clynt Nauman ownes 2.4 million shares and 2.3 million options. It is obviously in the interest of management to do everything they can to reach their goals.
Comment by roberto146 on Mar 23, 2022 1:58pm
Well they are projecting design throughput in '3Q 22', so there's that. We were hoping for Mar '22, but it's now only another few months away. I was rummaging through some old files the other day and found some annual reports for the 'new' UKHM mines. The 1995 report projected production start in 4Q1996. I spoke to Mr Powell on the phone and he said the equipment was on ...more  
Comment by miningman on Mar 23, 2022 2:53pm
well theres a special name  for  4.4gram  rock  in  the   Yukon , its called waste.    Stall of 160  to mine and  process 368  tons per day?????????/  Get real!!!!!!!!!!!! Now  wonder  nothing  exciting  happened during the last 30 years.
Comment by roberto146 on Mar 23, 2022 5:03pm
That was cash cost $4.44/ounce.
Comment by blackhawk2003 on Apr 03, 2022 9:07pm
If Mini-man is slaggin', I'm buyin'. Works everytime.
Comment by blackhawk2003 on Apr 03, 2022 9:09pm
At 2 bucks,... There is no gamble....
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