Alexco Resource Corp (AXU)

[dingocub]

Here is how I see it playing out over the next 30 Trading Days...

I'm just laying out the facts and my predictions on how AXU will react to them.. SO here it goes..

I see us reaching the $2.50 - $2.60 range over the next 2-3 weeks of trading.. A cushion for whats to follow next...

After which we will retreat slowly.. possibly back to the $1.95 range give or take.. as we hit the final weeks of September.

October we launch towards the $3's fast furious as Bermingham Drilling reports rain down on us...

AS for what moves us and at what times and dates to watch for...

Sept 18th - (Newly issued AXU Warrants Can be accelerated if AXR / AXU closing price is above ($2.50 CN = $1.95 US) for ten straight days commencing on Sept 18th) - Usually a .60 cents difference

Sept 20th - FOMC Meeting about rates... With all the good news with jobs reports the metal naysayers will be out taking the prices down weeks prior to meeting because the USA is perfect and dollar is strong...

MY point is.. And Argument for AXU pricing is this..

Where does AXU price need to be before the naysayers start dragging metals and miners down prior to FOMC meeting. SO that it can maintain its early acceleration of warrants on key date timeline mentioned.

IMO.. AXU will need to be considerably higher from it's current price to manage the negative pressure from FOMC selling to hold at It's Warrant Price line for Early activation...

My Plan: ride it to $2.60 range Sell it.. By it back at $2

GLTA