Alexco Resource Corp (AXU)

[dingocub]

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!