chux08

Two Large Silver Plays from the Silver Summit

Alexco just inked a major deal with Silver Wheaton who's buying 25% of the silver produced from the Bellekeno mine. It was just announced today. Alexco gets enough financing to bring it into production (or damn close barring any political upheavals) without any shareholder dilution and Silver Wheaton gets what they usually do...silver at VERY attractive prices over a long term mine life. It was a great move for both companies. You can do a Google news search and read further details.