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   Gold/Mining/EnergyDISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL


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From: PaperPerson1/2/2013 4:55:40 PM
   of 4690
 
Silver stock alexco AXU starting to act cool.

stockcharts.com

Stock made a 7.8 percent move wednesday with silver bullion getting sparky. broke out above its 50-day moving average, too. i dont own it yet, but i think i might buy some.

in SLV, the silver etf, which is a fair proxy for silver the metal. you can see the parallel action.

stockcharts.com

both showing positive accumulation via the on-balance-volume chart (OBV).

alexco web site

alexcoresource.com

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To: PaperPerson who wrote (4664)1/3/2013 6:38:28 AM
From: TheSlowLane
   of 4690
 
Alexco was ranked as the number two silver stock for 2013 by a contributor over at TMF:

fool.com

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To: TheSlowLane who wrote (4665)1/3/2013 11:13:08 AM
From: PaperPerson
   of 4690
 
i boght some axu at 3.90 u.s.
i will probably average up, assuming we are correct that it is tremendously undervalued and starting to respond nice to the price of silver.

axu chart

http://stockcharts.com/h-sc/ui?s=AXU&p=D&b=1&g=4&id=p32629371941

SLV chart.

http://stockcharts.com/h-sc/ui?s=SLV&p=D&b=1&g=4&id=p30072898268

as with any mining company , there is plenty of room for surprises both good and bad.

in the march 2012 pdac conference, alexco was already talking about its new silver discoveries within the yukon district that it owns. this is on top of the several old mines that are part of its future flow of ore.

this company is likely to continue producting silver for decades, and is likely to get acquired long before it runs out of good high grade ore.

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To: PaperPerson who wrote (4666)1/3/2013 11:22:55 AM
From: TheSlowLane
1 Recommendation   of 4690
 
I agree. I was out there this past summer...

Message 28640266

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To: TheSlowLane who wrote (4667)1/8/2013 10:04:39 AM
From: PaperPerson
   of 4690
 
TSL, thanks for sharing that info on alexco. great to have somebody with good instincts like you visiting the site, instead of having to rely just on what is on paper. i just bought a 1000 to start. but it does seem like a great time to accumulate it.

Michael

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To: PaperPerson who wrote (4668)1/8/2013 10:11:26 AM
From: TheSlowLane
   of 4690
 
The market has gotten so whacky I have no idea what will happen over the short term with anything so if I can find companies that I feel are competent and focused and have good assets then I am relatively comfortable holding them and waiting for things to develop. No guarantees though, of course. <g>

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From: PaperPerson1/8/2013 6:50:55 PM
   of 4690
 
chart comparing SAND and GLD

finance.yahoo.com;

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To: TheSlowLane who wrote (4665)1/12/2013 4:02:00 PM
From: DrBill
   of 4690
 
SlowLane, PaperPerson:
Happy New Year.

The #5 company on the list, Aurcana (v.AUN), is showing hyper-growth in 2013-2014. S/B producing close to 10 million silver oz. within 12 months. This coupled with a likely spike in siver prices could very well drive AUN to from 3X to 5X of the current SP. Isn't rapid increase in SP the objective?
Regards,
DrBill

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To: DrBill who wrote (4671)1/12/2013 4:50:57 PM
From: TheSlowLane
   of 4690
 
Hi DrBill,
Thanks for your comments! I am not familiar with Aurcana so maybe the information in the Motley Fool article is dated but that says:

"...now that Shafter has achieved commercial production we will see whether this budding mid-tier producer can come through with theambitious initial production goal of 3.8 million silver ounces in its first full year of operation."

Do they intend to go from 3.8MM to 10MM ounces over the second/third year?

Scratch that...I just found it here:

fool.com

So that article was from February and the CEO said 500,000 ounces per month within 2-3 months. Do you know if they are there yet?

Thanks!

tsl

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From: LLCF1/14/2013 10:17:03 AM
   of 4690
 
The Russians are coming:

bloomberg.com

DAK

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