The International Speculator, in its March 7, 2014, issue, says hold Alexco Resource Corp. ($2.11). The newsletter said buy the Yukon miner and explorer 12 times between May 2, 2006, and Jan. 7, 2013, at prices ranging from $1.30 to $7.80. Assuming an investment of $1,000 for each buy, the $12,000 position is worth $6,832. The writer notes Alexco is quiet, thanks to a winter shutdown at its Bellekeno silver mine, but the shares have perked up in response to higher metal prices. Elsewhere in the issue, senior metals investment strategist Louis James says he correctly called the bottom on gold prices, and that the market is now recovering. Mr. James also notes mergers and acquisitions are up. Goldcorp Inc.'s hostile offer for Osisko Mining Corp. alone is worth more than all the M&A activity in the first quarter of last year. He adds that between gold's renewed strength and Goldcorp's "wake-up call," he expects the pace of acquisitions to accelerate, as managers realize the longer they wait, the higher the prices they will have to pay. Still, the cautious Mr. James warns that while a bottom may have been hit, there may be other corrections and other bottoms for gold ahead.