Look again dddddddddddddurbin. As usual, you shoot your mouth off too soon and are then are rewarded with another trip to the crow buffet.
"I will ignore the noise and wait for production."
Spoken like the true idiot that you are. Those of us who did not ignore the warning signs have saved ourselves from significant losses.
ddddddddddurbin, did you get evicted from under your rock? Maybe bidaddycash has got room under his rock for a destitute buddy.
Hey daninsearchofabrain, who lies to much? Management and the dishonest, clueless pumpers on this board have been lying through their teeth for years now.
The Silver Wheaton deal could turn out to be pretty ugly for Alexco, as if the deadline won't be met, the company will have to re-fund a part of the up-front balance of $50M it received in 2011 from SLW. On top of that, the current 25% silver stream might (and very likely will) be increased pro rata to the shortfall in throughput tonnage.
If Alexco stays at the Q3 production rate of 321t/d, the silver stream will be increased to 31.25%, which will obviously have a further impact on Alexco's financial situation as it has to sell the ounces to Silver Wheaton at just $3.90/oz.
nomorecashleft, trading blackouts only apply when actual negotiations are ongoing.They do not apply when the management of a company simply imp(lies) that negotiations are ongoing. Nice try though.
You're right sewells, there is always that one-in-a-million chance that RBY management's and IR will actually be proven right for the first time since the inception of this company.
nomorecashleft weighs in with his usual clueless observations.
There is no negotiation you DA, hence the soon to come announcement that they will be shutting down operations until markets improve.
Hey, that's another great idea that RBY management might be dumb enough to go along with.Sign a streaming agreement which will assure that RBY never turns a profit. That at least, would be consistant with all management's other brain-dead ideas.
Sorrry to disappoint, us "bashers" wouldn't touch this POS until they find some gold and then figure out how to get it out of the ground with something other than a boring rig.
But bogfit and warmcamp, RBY is outperforming GDXJ with the coefficent of correlation between GDJX and RBY at .9673 over the past 2 years. Isn't that all that really matters?