Alexco Resource Corp (AXU)

[dingocub]

AXU better bang for your buck...

EXK trading at 3.5 multiple currently / in production
Producing Silver at 3 mines / with one on horizon
Silver per ore ton avg / 150oz
7 million/oz produced last year.
100 million revs last year
AISC about the same as AXU going forward $15
100 Million Outstanding
Mexico based

AXU trading at 5.3 multiple currently / not in production
Not Producing at 2 mines with 2 on horizon
Silver per ore ton avg / 650oz
3 million/oz if producing
17 million revs last year
AISC about the same as EXK going forward $15
77 Million Outstanding
Canadian based
20 million a year side Biz / 100 million Spin off potential

Its Simple Math...

EXK has to work a lot harder for their silver than AXU.

oz/per ton difference is what makes us superior and the unknown that lies beneath the big hill...

Once AXU goes back into production.. The dynamics favor AXU in the short Run greatly..

Long run tit for tat..

AXU will move 5x hire from point zero as EXK does in the beginning of the big move north. At which point they will trade tit for tat.

IMO

P.s All these numbers are rough recollections from older DD