Alexco Resource Corp (AXU)

[geodan]

Thanks Desert,LikeZeroHedge Amidst carnage NSU(my biggest position) is soaring. They are copper, zinc and gold. Its at 3.26, right at 5 year downtrendline, new 2 months high and copper is soaring over 2.60 today.

They have two super rich copper/zinc/gold mines,one in Africa and one in Serbia. The Serbian mine (Timok) is 2nd richest copper/Zinc/Gold mine in world, best is in Congo, but terrible place to mine is Congo.

In case you are interested its loaded with cash and very profitable now on Bisha mine, Timok comes on line in a couple of years. They just released drill results yesterday, 2500 foot intercepts of high grade ore, almost 1/2 mile intercepts!

Cheers

Update, have read that article now, you know gold stocks have not reacted as much as one might think. Due to NSU and BWMG in portfolios, I am only down half of what made yesterday. That is amazing being heavy gold/silver miners. Hmmm, maybe a head fake.