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Nice Duck Dive This Morning >>
Bastards... Looks like Silver is starting to claw it's way North..
Time To Bust Out The Rally Monkey >>
All In Baby >
The big elephant in the room is Start of Production >>
4 months til Winter starts rolling In up there >>
If your gonna ramp up.. You got to start pretty soon...
Otherwise this will be a Spring Fling..
Either way we we still rockin' It!
$2.00 is on the boards >>
ALL IN >> Not playing anymore
Just holding @ $1.98 .. good luck
Probably get rug yanked out from under me, but that's a thugs life
Range is getting tighter...
Nice little Rising Flag we got forming over the past days.. Usually they break to the upside in a bull run..
I may have to be a buyer by EOD today if this tight range holds...
May not be able to wait for projected lows...
Let you all know what i do after I do it..
GLTA
Well $1.70 gets me all my shares back from my earlier brain fart...
Gonna play it hour by hour.. Day by Day..
I think $1.70 is possible if things continue like today for the next day or 2..
Thinking sometime Thursday should be good time for this down move to end and then set up for next run up..
But you never know..
Still Out .. Not Biting Yet
Drove out of Vegas this morning.. With the first .30 min of trading done.. Before I was in dark zone for 2.5 hours.
Talk about gut wrenching drive..
Bit my hand and didn't buy..
Still on fence
GLTA
Still Waiting on Sidelines for now >> All Out
Hope I get one more chance at a lower price to jump in.
My last screw up cost me 6%
But considering I was up 650%
Not that bad..
Got Down to $1.70 pretty quick today..
Looks like they are gonna fill that gap IM0.
Now looking for low $1.6's for re-entry for myself
Back to ALL OUT >>
Just sold that crap I bought at $1.98.
I Can't hold things that just lose value.. I hate that feeling..
Now I wait and hope for some lower prices ahead..
Good Luck
I'm still sulking that I broke my own rules and got burned yesterday.
Buying at the peak at $1.98 >> Greedy pigs get slaughtered and my bacon got cooked..
Need stronger Voodoo.. Moving on to my magic 8-Ball and chicken bones. If Silver holds above $19.25 and doesn't surge forward in the next few days..
I would say $1.72 is my Low Back in Target > I think anything below $1.80 is gonna be good for us.. Gonna be a short Correction IMO
They may try to close that gap at $1.67 but I don't think that will happen unless it happens for 10 minutes in a quick drop to grab stops!
I see no reason for us to regress much further than that.
The big question will be if the general market crashes in August what will happen with the miners.. Don't know myself, but until then..
Which means we still could see $1.50 again at some point before September..
Expect much of the same the next few days > Looking for Friday entry or Monday for timing pending on how things shake out next few days.
Not gonna lie >> Bought some today at $1.98..
Then of course it dropped back to $1.94
Broke my own rules >> But I'm not gonna miss this run...
50% in.. Not ALL in yet!
Just seems like to much strength, especially with AXU and it's upcoming announcements that could come at anytime...
Gonna start only trading 50% of position IN & OUT
Don't want to be caught with none IN when this baby goes ballistic..
All technicals and charts are out the window for the most part moving forward.
This is a whole new world... I Can't rely on the past for future Targets anymore..
I will tell you what my crystal scotch ball says going forward, but it's anybody's guess AFAIC
GLTA
But if it breaks $20 & $2 I might nibble a bit though..
Against my better judgement it is..
As of right now... NO
Unless silver takes off this afternoon..
Heavy Volume no movement..
Smart money selling shares to dumb money right now IMO
Time will only tell.
I think we got a few days of this
AXR.TO opened Monday up 23%..Closed up 14%
AXR 212 million Market cap vs 155 million AXU now...
About $12 million difference based on exchange rate now...
Something is gonna give Tuesday up or down ???
Like Reeling in a big fish
The way I see it, tomorrow is the only day they
can pull it back and scare the sheep. Otherwise it gets away from them. Should be interesting week
IMO they knock it hard in the AM at some point, maybe not at the open but close to it.
Try and scare some new-bees out of their new shares they just bought late last week.
GLTA
Picked the wrong week to stop sniffing glue >>
Although .50 Hammer just Hit .. Lets see how she holds up now!
What a Week.. I am amazed it held up all Day >>
I didn't expect it to...
Tuesday should be interesting to say the least..
Like I said earlier, When the cats away the mice will play..
Don't get hit with the rope-a-dope on this one.
Down periscope...
This strength is really Amazing though >>
Someone must have some killer drill results coming >>
And a possible eminent Mine announcement at anytime can be used to move this stock many times over back and fourth up and down > Until it actually happens..
Gonna have a lot a chances to play with this one the next 6 months.
Free shares every time for everyone if they play their cards right..
Yippie Skippe
Still Sticking with my $1.75 Close >>
Happy 4J TAll
No Guesses til Mid Tuesday >>
Until then Enjoy the Chaos ..
I'll be sitting on the sideline like that elephant in 'Smokey in the Bandit 2' at the ending during the 100 Trucker Trucks vs 100 Cop Car Demolition Derby Scene.
I Pulled the plug >> ALL OUT Til Tuesday..
Avg Out price $1.84
Makes 74% profit from last buy in..
Not Bad I'd say
Doing it just because >> I don't see any red flag except we've moved a lot in last 3 days
Unless something else is happening mine wise, I see no reason for this to continue at this pace much longer..
Well My Targets took 12 minutes to Hit >>
Lets see how greedy I get!
Tomorrow is looking promising for a Big Jump at the open >>
But do we sell it or hold for more next week cause were greedy pigs...??
I know the Big Ice sphere in my Crystal Glass of Scotch said $1.75 for this move and then I backed it off to $1.71 in the AM today. But silver went way more bat crap crazy then I expected in the PM. And is currently as I type is knocking on $19
So New targets for tomorrow Only and possibly next week if momentum holds thru Tuesday trading are IMO ...
But first a few notes >>
As I said in the past I use AXU as the 'Canary in the Coalmine' for what the silver market is about to do... And once again she did not disappoint.. Up 10% the day before silver takes off to $19.
Could be just coincidence or could be what I've been saying.. Lot of big silver insiders in on this one IMO
June 15th we had 1 Million shares Short .. Assuming that's what helped light a flame under our butts this last week. Bet they were pissed on the ole Brexit thing!
I think we touch $1.80 tomorrow.. But close $1.75 ish
If Tuesday isn't just a complete reversal than we'll hit $2.00 next week..
Good luck tomorrow > I tell ya if I sell out, but won't know til the game starts..
Wow.. Level 2 can't decide which way to go >>
Up Down Up Down Up Down.. Whip Lashing me
Seems someone is trying to get in at this price
and doing everything in its power to get them some at a good price
If silver holds today tomorrow could be BIG BIG BIG right out of the gate!
Crystal Bottle of Scotch Said A Run Later today >>
Guess it was right again !
Block Trade 77700 Shares @ $1.53 = $118k
12:10pm
Some one is either a big seller today or a big buyer..
Yes, but might come in a little lower.. $1.71
Seems like they are shaking the tree right now. Brought it down 5% using only 50k shares the last hour. Coming back up right now.
I'm hoping for a run up as the day unfolds today..
Then spike UP in the AM Friday.. Hopefully to the target price and or above it...
Then slight sell off or run up EOD Friday..
Friday on holiday weekends such as this one especially 4th July.
Big boys are already gone for the day after a few hours and then greedy flippers stay and play the rest of the day...
SO it may get crazy or not in either direction Friday.
Friday scares me a little. Have feeling flip traders will not want to hold over the long weekend.
But I'm no genius. I'm just a good guesser that's been more right then wrong. Crystal ball is actually just a bottle of Scotch :)
Block Trade 63237 Shares @ $1.65 at open $101K
That's a nice chunk of shares that someone didn't want to wait for..
Wonder what they know.. Beside that this thing is just under-priced for it's resources in the ground.
Current - June 2016 Alexco Resource Presentation
This just came out on their site...
$21 Million in working capital available.
http://www.alexcoresource.com/i/pdf/ppt/Presentation-June_2016.pdf
As Harry Carry would Say... 'Holy Cow'
Don't get out to early... $1.74 is my target for this run.
GLTA
Looking for some early Drill results to really light this fire..
Hoping we get some in the next few weeks..
Big Volume Today Boys >>
Where she stops nobody knows.
Im still Liking $1.70 range if silver holds for the next few days.
GLTA
Great Close Today At $1.39 >>
This makes $1.50 easy as popping a pimple..
See u there tomorrow or Thursday..
But IMO Tomorrow..
I'm hoping for 2 day run (Wed - Thur) Friday Sell off into Holiday weekend.
Pending how strong tomorrow is... We could hit that $1.70 mark
Have Fun Play Nice...
BiG DOgs COmin Out to PLay TOmorrow >>
COnsider Yourself Informed ..
It's Action Jackson Time!
Looks like the lull is about over >>
Ducks should start flying soon ..
And The Horses have left the gate >>
Should be another wild ride today..
I predict Up for Miners and AXU..
Where she stops any ones guess
GLTA
KABOOM >>>
Hope the miners follow suit...
Markets Just Opened F'ing Chaos >>
Brexit with an uppercut and a jab to the face.
Looking Good So Far For Gold and Silver that is..
Lets see how it unfolds in our AM..
Crystal ball said up.. Hope you held!
All though still early in voting results.. Tide may turn..
Let's hope chaos rules the day tomorrow..
GLTA
Call Your accountant: It's Official...!
Kind Of.. We got 14 days until viking funeral!
http://www.law360.com/companies/a-power-energy-generation-systems/dockets
Order | Filed: June 22, 2016 | Entered: June 22, 2016
Ge Transportation Co. Ltd v. A-Power Energy Generation Systems, Ltd
Other Statutes: Arbitration | New York Southern
Memorandum & Opinion
OPINION & ORDER: For the foregoing reasons, it is hereby: ORDERED that the arbitration award issued on August 8, 2012 by the Hong Kong International Arbitration Center in the matter of GE Transportation (Shenyang) Co., Ltd. v. A-Power Energy Generation Systems, Ltd. is confirmed, and judgment shall enter in favor of GE Transportation (Shenyang) Co., Ltd. against A-Power Energy Generation Systems, Ltd. in the amount of $476,700,190.49, comprising $359,997,368.50 in principal and $116,702,821.99 in accrued interest through September 10, 2015. IT IS FURTHER ORDERED that, until judgment is paid in full, A-Power Energy Generation Systems, Ltd. is permanently restrained, enjoined and prohibited from directly or indirectly transferring, dissipating or otherwise disposing of or diminishing in value any of its assets wherever they are located, whether in its own name or not, and whether solely or jointly owned, or directly or indirectly controlled. This prohibition requires A-Power, inter alia, to exercise its control over any entities or persons owned or controlled by A-Power to ensure that they and/or their subsidiaries do not remove, encumber, dissipate, or otherwise dispose of or deal with or diminish in value any of their assets wherever they are located. IT IS FURTHER ORDERED that, within 14 days of this Opinion & Order, GET or its attorneys shall effect service of a copy of this Opinion & Order by serving the same upon A-Power, via email directed to Lu's last known personal and operative email address, shoulong@188.com, in accordance with this Court's Order Authorizing Alternative Service on A-Power Energy Generation Systems, Ltd. dated November 2, 2015, Dkt. 29; and shall thereafter forthwith file an affirmation of such service on the docket of this case. IT IS FURTHER ORDERED that, within 14 days of this Opinion & Order, GET shall file a letter informing the Court if there is any reason why, in light of the rulings above, this case should not be closed. (Signed by Judge Paul A. Engelmayer on 6/22/2016) (tn)
They are actually prepping the NEW mine for production already.
They will not restart Bellkeno mine before F&M is up and running.
SO my guess they wouldn't announce an actual start up until Early 2017 at the earliest.
Unless silver just takes off.
They are gonna need at least 3+ months of a stable silver price in the $20 range before they make any commitments. IMO
So that runs with my timeline of sometime in FEB for an announcement of a restart in 2n qtr 2017.
Remember though, AXU was $3 six months before Bellkeno ever opened back in 2009 or whatever. And we know have 3X as much silver in the ground ready for removal. At a lower recovery rate by 6$ or more per ounce better.
So game is guess when we jump and how long do have to get as many shares as possible before that jump to actual values.. When you add 60 million in revenues to your balance sheet for a year!
You do the math!