Replies to post #2016 on Alexco Resource Corp (AXU)

[timberwolf7]

5 'green' days out of the last 19 if one counts were the share price closed equal to the day before on 2 of the 5..

For the last 5 WAVES/cycles, its been consistently lower peaks and troughs.

Been looking for buy signal, but between the PM sector running out of gas in Aug and heading south, and AXU indicating that the ramp up in production isn't till Q1 (beyond the 'cleaning out' of the residue in the first mine they are working on), and with end of season tax loss selling coming up...

Not seeing a buy signal 'yet'.. and quite frankly, at this point, since I am out, I would like to see it take another run at $2.3 or less..

raise the potential return cause if this PM sector stays under pressure, AXU may rise, but not find a lot of folks paying attention for the really 'good gains ($7.5+ range) I was hoping it have a shot at..