ALK are too conservative with their drilling. Also they were wrong thinking the big prize was south of 007 as they punched lot of holes there before returning back to north of 007.
By now they should have drilled at least 5 more deep holes at Boda2 and few fishing holes at Boda3 and few other projects. Don't even start me on Kaiser where they should have probably drilled as many holes as they have at Boda.
Another example is last DD holes around the breccia. They only tested the strike east/south of 031 but not the west/north side. For god sake, why not? And why not a hole or two from West/South to East/North direction targeting the breccia but also the eastern boundaries of the mineralisation between 007 and 016? Such holes will help with the geometry but also provide data on grades and distribution. What if the orebody extends to the east/north at depth? The only way to find out is to actually drill test. No IP or other scans can be definitive.
imho.
ALK Price at posting:
97.0¢ Sentiment: Buy Disclosure: Held
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