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Alexco Resource Corporation Message Board

dope.slap 2 posts  |  Last Activity: Mar 21, 2014 6:46 PM Member since: Mar 12, 2012
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  • dope.slap dope.slap Mar 21, 2014 6:46 PM Flag

    Just for fun, these are some reasons that we saw such an extraordinary
    buying event today at the Friday close.

    1. Major PM newsletter changed AXU to Strong Buy (maybe Casey?), resulting in panic buying by subscribers.
    2. Mining and production will resume at the current $20 silver price. Alexco started contacting people to resume work and the word got out.
    3. Alexco has re-negotiated the agreement with SLW. They were going to have trouble meeting the 2104 year-end milestones anyway.
    4. An Alexco manager announced retirement or resigned today
    5. Buyout or Merger

    I DO NOT think it is:
    A. Institutional buying, the trading just looked too chaotic and unplanned
    B. Anything to do with the planned 24March release of 4Q and Y2013 results.

    Anyone have thoughts or guesses?


    Sentiment: Hold

  • dope.slap dope.slap Feb 17, 2014 5:00 PM Flag

    I own CEF, PSLV, PHYS, GTU - All closed-end funds that have audited physical. CEF is my favorite, but the NAV has been painful for nearly two years now, although it is creeping back towards 0.0%. If we get a continuation of the bull market in gold/silver, these NAVs could be +10%, or more.

    Sentiment: Hold

1.29-0.06(-4.44%)Apr 17 4:00 PMEDT

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