MAG came out with a price sensitive announcement this morning reporting intercepts of copper at depth next door to ALK's Boda tenements. Although that sounds good for them it is much more likely better for ALK as the intercepts appear to my eyes to be the sort of veins which offshoot from a larger deposit rather than being the core of a porphyry.
In my opinion, MAG is reporting results which intercept a halo of a major deposit. The rich core is most likely on ALK's patch.... imo.
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Last
50.0¢ |
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Mkt cap ! $302.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 13743 | 49.5¢ |
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