This might really rebound from here, page-23

I agree Pockets and Stephenhenry.

A similar opportunity presented itself at the end of 2018. I was also about during 1987, 2002 and 2008. Good opportunities. A time to be clinical.

I (and obviously the market) have been surprised by the speed, rather than the fact, of the drop in the Dow and markets globally. I have not been so surprised that Alk has declined to the extent it has, because such is the nature of small caps. .

But even Rio is now down from its 2020 high of $107.79 to $87.18, an extraordinary drop in such a short space of time for a large cap.

But the recovery for gold stocks, including or especially ALK, is better. Rio and others will suffer from the global economic interruption. But gold seems fairly firmly above the US$1,400 range, and will always be in demand.

Gold stocks will have a market for the product they have to sell, whereas some other companies will face significantly reduced demand.

ALK has the advantage of being a producer, rather than an explorer, and has already got a facility to process and production. I would be a little concerned for a pure exploration stock with a capital need. The capital raising (in retrospect) provided significant insulation. I would not wish to be looking to the market for funds currently.

We will also have all those announcements coming that others have mentioned.

I have bought more ALK today.

Good luck to all.