Alexco Resource Corp (AXU)

[dingocub]

This closed fairly strong considering the size of the move.

Like I said I'm out for now, but tomorrow might suprise to the upside as well.

Looks like Soros news and 13 million placement news after hours was the catalyst for us today.

I like how ALEXCO news is only on Canada Wire today.. Not allowed to be distributed in US. Not sure I know why..

But it's an interesting read if you got time..

http://www.alexcoresource.com/s/news.asp?ReportID=749526

You'll notice that management was part of the placement.
Always like when owners by shares..

Looks like Sprott brought some friends in on the deal too..

All positive for us..

I've made 2 trades in & out of AXU so far this year..

1st one ended up 191%
2nd one ended up 52%

FYI..

AXU up 311% since I bought in at .34 (not in production)
EXK up 245% in same time period... (In-Production)

Great 4 months... Can hardly wait for my third trade In..