Alexco Resource Corp (AXU)

[dingocub]

Just Logical Thinking on my part...

If they don't start mining beginning Q4 (Oct) they will most likely wait til spring thaw. 6 months difference in time frame.

Why start in Q4 IMO


#1 Flame and Moth is 6+ year resource.. Current Silver Price now not an issue if you believe an increase will begin in the near future. Lets spend those 6 fall / winter months getting stuff dialed in so in the spring 2016 we can hit on all cylinders to maximize goals.

#2 They got bills to pay.. Even if they are trading dollars for dollars for a few quarters. It's worth getting the ball rolling ASAP now that the new mine plan is in place. Silver price will rise at some point by early 2016 which is when will be hitting on all cylinders...

Questions is, when to accumulate before the big boys jump in..
This still may drop to the low .40's before we see it turn around...

Im betting it will go up to .85 in Jan before it heads back to the .forties in Feb & Mar..

time will tell

IMO