Alexco Resource Corp (AXU)

[dingocub]

All in Cost to produce just 1 oz of silver is different for every company that mines.

Some mines, it comes out of the ground really easy so their ALL IN COSTS are less to produce that OZ than a mine that has to dig farther and deeper underground to get it.

Alexco had to shut down Bellekeno in 2013 because their "ALL IN COSTS' to produce one oz of silver was above $18 an oz. Silver price was at that or well below for the next 2.5 years after that.. They would lose money on their operation if they stayed opened. Smart CEO !

Some mines stayed opened cause there costs to get that one oz was still below the price of silver. Some have ALL IN COSTS well below $10 an OZ.. Some can't afford to close down so they sold their silver at loses for that time frame.

ALexco... now that they have 2 added discoveries since being shuttered adding 40 million oz to the books allows them to lower their ALL in COSTS overall by spreading out the costs to currently targeted at $14.50 with the new PEA plan due out in a few weeks.

My guess they will announce the re-start process at that time as well.. Otherwise it delays them over a year for any new production. DOn't think they are willing to wait anymore.. They are ready to Go !

Hope that helps..