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Here comes some volume.. Let's see what happens..
I'm betting it starts to roll over EOD..
2 things to note with this PR release...
1.
They kicked the can down the road another quarter like I said they would with the mine plan announcement, but they even took it a step further by moving the PEA to March as well..
"In March, 2017, Alexco plans to publish an updated Preliminary Economic Assessment including technical support for the expanded Bermingham resource estimation presented here, as well as updated mine plans for the Flame & Moth, Bellekeno and Lucky Queen deposits and a preliminary mine plan for potentially mineable tonnes from the Bermingham deposit."
2.
Be careful what this means in their new numbers too...
"Mineral resources are not mineral reserves and do not have demonstrated economic viability."
Still looking good though for March... Should give us time to gather more shares if you looking for lower prices, I would wait a little longer..
Volume not rocketing up either on this news, so I still see a shake out coming at some point. Especially with 2 Mill shares still short on AXU..
Holding and waiting to add more on the next drop below $1.20 and lower.
If not Im still winning... :)
This Mine Cleanup Job Win could be nice for Alexco Enviro Biz..
Looks we are in the top 3 choices..
It's good because we can't start the 100 Mill backlog of reclamating Keno Hill until Bellekeno Shuts down.. So we got time to work on other things.. Is all I'm saying..
http://www.whitehorsestar.com/News/list-of-companies-compiled-for-cleaning-up-old-mine-site
Try Not To Fall fur That Banana in the tail pipe..
Big Boys On Holiday aren't gonna like missing out on a %20 weekly gain while they were away..
I expect Thor's Hammer to arrive early next week...
Rooting for that so I can I add.. But happy either way still making money if it keeps going up..
Win Win situation here..
GLTA
Like FDA.. Waiting for my sub $1.05 to Hit to Double down on my share count...
I like my odds.. Sometime next week or first week of the New year..
My hopeful $3.00 prediction only would of worked if Silver Prices Cooperated.. Such is life !
But I do see the writing on the wall.. And I like what I'm reading..
Looking to a beautiful 2017 !
Still curious about the new PEA report due out this year..
Curious what news it will bring..
I'm guessing it comes in under 'Blue Sky' expectations.. But it will still add to our future bottom line.. Looking for total new tonage added to Bermingham.. Looking to Add on to the 5milloz already indicated there.. If we got another 3mill I'll be happy..
And if I'm right about the lack luster results there.. That is what will drop us to $1.05 next week.. Not gonna be bad results.. Just not amazing balls stuff! Buy the dip..
Also expecting a delayed Mine startup Announcement.. Kicking can down the road another 3 months to 1st quarter 2017..
Merry Christmas / Happy Holidays
GLTA
The DIngo !
AXU : 3 Year Chart Beautiful Cup & Handle..
http://stockcharts.com/c-sc/sc?s=AXU&p=W&yr=3&mn=3&dy=0&i=p56853254189&r=9050
Still think we got one more leg down to $1.00 area to complete that handle to perfection.
My guess we hit that 1 dollar mark on Friday.
My guesses as of late have been crapolla, so what do i know..
NEW Alexco PEA report do at any moment.. By end of year they said...
What will be in it..
10 million new oz's in the book at Bermingham..
At least a 3+yr extension of mining life in that area..
Hit the go recommission of mine...
(My guess is they will kick the can down the road on that announcement.. And say they are gonna wait another quarter to make a final decision on re-start... Silver prices not cooperating right now for them)
Thors Hammer Strikes... Crash
Gonna be a wild ride until mid-January..
I'm just waiting for my moment to load the boat one last time..
Charts say $1.15 area with Crash spike to $1.00 when it flips back up right after Trump is sworn in..
next 4 weeks gonna be choppy ride..
Looking for anything below $1.10 as a late x-mas gift to my future self..
GLTA.. No more guessing for me out load for awhile.. No sense in it !
Enjoy the holidays boys and girls!
Silver Just Chugged a RED BULL >> It Has Wings
Lets see if THORS hammer ends his flight Up to the heavens..
And Idiot says what ...?
The Wait is almost Over >>
About time this event arrived.. The whole thing has been a cap on everything I like !
Time to release the hounds !
Still got 1.8 Mill Short >>
Seems like people are betting on one more drop once the Rate Hike Kicks in next week.. But if not a hike.. Shorts will have to cover quick..
Gathering my dry powder for the Fireworks next week..
Last December with the rate hike mining stocks tumbled for a few weeks before the big correction up in January..
Big question will be when to pull the trigger on new shares..
Timing will be everything on this move... Would be amazed if this flashed crashed to .95 before the flip up, but not ruling it out.. But $1.15 seems more likely.. That is if all hell breaks loose next week and miners tank..
At most.. another 33% to the down side.. Worse case scenario.. But it will be fast.. IMO
Still like a Hard run into the new year !
GLTA !
Still Sticking with my $3 Target for EOY...
105% move from here.. TIme to get this money maker shAKIN'
EVERYTHING STILL IN PLACE !
My Guess is they take it UP before Rate Hike Announcement >>
So they can they can slam it down again if there is one..
My floor is $1.20 >> That was the last ceiling / floor fight we had.
Still believe we will run after that at some point this year..
I'll be buying big time if the slam it there..
Still which I was out.. My hesitation on this stock cost me about 50% in free shares if I traded out when I should of..
Oh Well.. Still up 300% so not too sad
GLTA
Holiday Week next week>>
Crazy times Always >>
4- 3- 2- 1 BooYa!
Like I said $3.00 Dec 31 st
Firing Up The Crystal Ball >>>
After today's antics I believe I can see the future move..
That 2.5 year 'Cub' and Handle just completed... I HOPE !
The way I see it playing out rest of year >> Short but sweet..
AXU releases NEW PEA report week of December 19th to 23rd >>
Silver gradually climbs from here but spikes up last 2 weeks of December especially last week when many traders hit holiday early.
AXU CLOSE ON DEC 30th WILL BE right around $3.00 +- .02
BAM.. Me dropping the MIc !!
Calling my shot to the bleachers in Left >> The 7 week 100% Move
If not, no more predictions from me !
Yea, The way it moved today says to me .. it should be over..
Hopefully !!! Looked like a raid so those 1.6 Million Shorts could continue to cover their position
Environment still perfect for Metals..
Trump's gonna have to print a lot a money to get what he wants done..
Rates will probably rise Dec 14th
Dec 19th Electoral college votes for president >> Who will they really pick..
This sounds promising..
http://www.businessinsider.com/investing-in-gold-sharia-law-2016-11
Buy Buy Buy .. GiFt Gift Gift
Stop complaining.. Gifts from the Silver gods..
You realize PEA report will come out in next 5 weeks..
Last ditch dive.. may hit $1.40 don't seeing hit $1.20.
Buy Buy BUy.. $1.50 range all day every day..
Never fails Holiday Smack Down ..
Silver down 7%.. unheard of.. What a joke..
Big boys want in at lower prices before we head north.
Have no dates when this will reverse..
Only thing to do is put on my Tin Foil hat and wait for a change
in the EM Field!
1.6 million share short as of Nov 1st
Either they are covering now or they are gonna take us lower for more..
They just trying to frustrate you into selling..
I'm gathering my dry powder for the possible dive on Dec 14th with a Rate Hike >>
Otherwise, all we can do is wait for that shining Silver laden PEA report that's due out anytime now by AXU..
I have a feeling they will wait til after Dec 14th to release it..
Price About to Pop Up Up & Away
Should be fun afternoon
GLTA
Lots of Short Covering tomorrow if Trump Wins !
4 Fingers Scotch >> No Pepto >>
Gold Looking Like it knows something.. Slow Launch >>
BREXIT 2 = TRUMPIT
3 Fingers of Scotch + 1 Finger of Pepto
Gonna be a long night !
Trump WINS Populous >> Clinton WINS Electoral
Madame President ! 2 Fingers Pepto
CUBS WIN >> MUST BE RED FLAG # 4
Best year ever > Still Up 650% from .34 entry
Cubs win World Series...
Just wait.. More to Come to my peeps..
Just remember we about to add 4 years to our mine life in the next 6 weeks..
We are the champions ! CUBS
Yellen needs to keep her big yap shut >>
Every time Gold breaks out, some idiot puts a mic in front of her.
80% now for rate hike.. Dec -
Initially Good For Dollar bad for Gold
last year it took 5 weeks for Gold to bottom after last hike in the Dec 2015 then it took off like bat out of hell.
Anyone's guess on what will happen..
$100 move UP in Gold possible if 'The Donald' Wins on Nov 8 >>
Best to just wait it out like the big smart money is>>
I'm not big or smart !
ALL in >> Riding this tsunami all they way through >> Will add if she tanks !
GLTA..
New Video Interview On Site at Alexco..
FBI TO THE RESCUE >> To Re-Open Hilary Case
Minute it was announced an hour ago gold and Silver started to shake off the rust..
Lets hope it continues throughout the day..
If TRUMP wins Gold should shoot North..
If Hilary Wins Nothing happens immediately (Already Priced IN as she WON) and Gold continues it's slow climb
The Itsy Bitsy Spider Crawled Up the Water Spout >>
Interesting that the last 2 days all miners are down but AXU still climbing up that wall both days..
Still hoping for a good jump tomorrow > But $2 more likely than $2.13
GLTA
This geologist see's Birmingham only to max out 15 million oz.
I hope we see at least 18oz in the new PEA with more room to expand// that would by us 5+ more years of mine life.
http://angrygeologist.blogspot.com/2016/10/bermingham-skank-of-keno-hill-or-milton.html
I think my target is still possible for Early Friday $2.13
Dollar should start to crash here any day now IMO
The speed of things is a bit wonky lately..
GLTA still all in at $2.18.. waiting quietly and patiently !
Get Out nOw !.. Take Your Profits
Been attached to this Tech for 6+ years and you all reap the rewards while I write of 20 k in loses.. Get out... Otherwise your all doomed !
Jeremy Barbara will rape you.. FU ALL !
CLASS ACTION LAWSUIT TO COME >>>
Lets see how quick they pound this messgae off the front page
Strength Until that Friday Before Election >>
Then we probably drop a little or shuffle side ways until election is over.. That is unless preliminary Job Report that comes out on that Friday is just horrible. Then we may stay hot a few more days..
Then who the hell knows.. I sure don't !
It's getting hot in hear >>
At this speed will hit my target @ $2.13 by this Friday..
May have to move that target North over the weekend !
And so it begins the 10 day Halloween Treat Run-Up >>
I see 10 to 12 straight trading days of positive momentum starting.
Not sure how up it will go but it will go up.. I'm liking $2.13 range.
Then the washing machine starts again by the Nov 4th... Jobs report.. Election 3 days later..
No guesses for that time frame..
But my pick is in for AXU for the next few weeks
GLTA
CRYSTAL BALL SAYS >> CUBS WIN CUBS WIN
IF CUBS WIN >> AXU WILL FOLLOW SUIT >>
Mark My Words >> AXU UP rest of week
Looks Like AEG got its own website >>
http://www.alexcoenv.com/
At least I've never seen it...
Just remember, when we finally shut Bellekeno down after another 1.5 years of mining.
All that back log of Canadian Gov money starts flowing in for the start of Reclamation for the district.
$100 million Back log >> And at that point AEG gets spun off into another Company
Nice Kicker if your long term on this one...
GLTA.. Pain just about over.. Gathering dry powder for the last crash to come. But we should bounce up here for a bit INMO..
Gold just "Pounded" As Someone Dumps Over $2 Billion In Under A Minute >>
WHat a joke !
Jobs report sucked Balls today >>
154k new jobs ... 151k were in the service sector..
Great.. we hired a bunch of part time bartenders, waiters, Amazon / UPS temps for the upcoming holidays.
"Details of ADP’s report showed that small private-sector businesses added 34,000 jobs in September, medium businesses added 56,000 and large businesses added 64,000.
Most of those gains were in the service sector—151,000 jobs added there, compared with 3,000 for goods producers.
Manufacturing lost 6,000 jobs in September."
Wonder how that will impact Fridays Release of Official Job Report...
Fee! Fie! Foe! Fum!
I feel reel dumb..
But tomorrow starts the real fun..
For The first of Sept Job reports shall hit the wire..
Which might or might not set SILVER a fire..
The big drop into this news was today..
Will it continue tomorrow.. Maybe neah!
But no matter what tomorrow brings...
On this Friday the Bell will Toll with the real Job thing...
And then all should be right with the world or Not !
GLTA
The old Rope-A-Dope this morning >>
Send Silver it up like it's gonna break out, then leak a story that theirs a DooChe Bank bailout ( I mean a reduction in their 15 billion fine to 5.8 bil)
Stocks soar.. Can officially kicked down the road again !