alexco resource? SILVER!

next investor lunch event, the #337 i think ... just kidding, of course :)

well, i like these events ... i like 2 talk 2 company representatives, to meet few old faces i know already 4 years and there is always s.th. to learn abt the stocks, commodities, industry insights, markets, metals & more

and its profitable as well! just imagine, its just 2 weeks ago when ive really noticed alexco for the 1st time as it was mentioned by euroscandic's daniel at the encanto potash presentation. ive bought few shares at that time and the stock quotes 27% higher 2day!!! well, i liked what ive heard from both the CEO and largest alexcos shareholder clynton nauman, so ive prompt decided 2 buy few more shares ... by some fortunate coincidence i came 2 my wife's notebook when the price was CAD 6.12 and thus before the major portion of 2days +5.67% increase ... last quote? CAD 6.34

any special issues?

• yukon / canada
• historic production of many millions ounces of silver in the district
• there is also zinc, lead, indium out there ... how much? well, if they hedged their Zn/Pb production at current prices they would get all that shiny silver for free + make a huuuge profit + could unload all leftover indium in my garden ;-). hell! i woudda know what 2 do with this stuff, u know?
• high high high grades! unbelievable high grades! ive never heard abt average silver grades above 40 ounces per ton before ... prolly only the silver mountain in potosi / bolivia had such grades hundreds years ago :)
• even the historical tailings have higher silver grades than most silver producers encounter currently (sorry, forgot the precise number, not going 2 search that at alexcos website cos it smells like work, u see?)
• an own environmental division which already generates some cash flow and is prolly going to clean up the whole mining district after all mining is done few years from now
• a strong partnership with silver wheaton which funded CAD 50m in order 2 build up the 1st mine in exchange of some part of silver produced. got it? SLW guys DO NOT invest in shity properties or shity companies, so its going 2 be a great success here, i believe ;-)
• well financed
• relatively low number of shares outstanding and no additional dilution planned (u still remember that the CEO is also a major shareholder, dont u?)
• any risks? of course, mining is risky! ive told u that already, didnt i? what abt much lower metal prices, bad luck, some technical problems within the mine and/or mill, the current quite high stock price level, no luck at all in order 2 increase their low proven/inferred/indicated mineral reserves  ... or all of that? who knows?
• anything more? yes, yes, yes! the production is going 2 start within the Q4/2010. wanna know how 'far' away is that? yes? damn! where is my calendar gone? 
• 

any pictures out there? well, there is no current mining production @ alexco, thus lets look at the old one. how? dont worry, 2day i had both a day off and also my most creative day of the week and thought i coudda steal some pictures out of alexcos video presentation from their website => enjoy:

source: http://www.alexcoresource.com

source: http://www.alexcoresource.com

source: http://www.alexcoresource.com

source: http://www.alexcoresource.com

good luck, my lovely alexco resource, good luck 

donner metals + overview of earth's base metals production

 + overview of earth's base metals production

next investor lunch event 2day => zinc, copper, gold, silver in queebec/canada => BONJOUR!

source: donner metals

what abt my comments?

• strong partnership with xstrata on their major project (35% donner, 65% xstrata)
• feasibility study done
• high institutional ownership
• going step by step on their way into production
• still need 2 raise approx CAD 35m in order to meet their agreements with xstrata. btw, wanna help out?
• wanna look-up 'donner' in a german dictionary?
• there is no danger of oversupply in the zinc market ...
• forget the zinc recycling as well cos 2 expensive ... folks, thats 100% true, my father produced zinc out of some waste materials from steel galvanizing process in u.s. steel's factory in eastern slovakia few years ago (too much energy needed!)
• copper oversupply possible if congo/zambia/etc calm down a little bit and re-start their economies in our lifetimes ... copper mines are huuuuge, can produce for hundreds of years ... copper recycling is easy ...
• some geologic gibberish, i didnt understand a word, u should prolly better read wikipedia/donner's website instead of my claptrap in order 2 learn s.th. abt geology of mining, ok?
• production + cash-flow should start in 2013
• ...
• any risks? yep, of course! drop in metal prices, xstrata goes bankrupt, the world goes under, they cant manage the CAD 35m financing, they sell too much of their silver/gold/copper upfront and the small dirty corrupt buddies @ fed/ecb/boe/boj print sooo much damned paper money that donners 'fixed' income is nothing compared to the production costs in the future ... or all of that!
• as always, ive bought few shares, subscribed 4 company's newsletter, like it on facebook, ... this time i didnt wait for the presentation and bought my initial positions few weeks ago, u know?

what abt 2 more xstrata issues?

• these swiss guys need donners property like crazy cos their nearby mine is going out of production in 2012 and so will their mill! 
• lets hope my donner shares will perform at least as good as my xstrata shares i.e. +277,64% on average since december 2008 + march 2009

good luck, my lovely zinc/copper play, good luck :-)

ohhh, have already forgott, ive bought also few shares in UMG / united mining group, my next silver valley play! well, there is always some good information if u have so many buddies in the mining business, u know?

addendum: overview of earth's base metals production
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