ALK 1.14% 43.5¢ alkane resources limited

Ann: Boda Resource Update Increases Gold and Copper Grades, page-34

  1. 11,821 Posts.
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    Well done Joel, I have continued to add whenever it got into the low $0.60s, as the company's plans have recently changed (not that I don't already like Tom and Boda), with exploration finally ramping up in the new year. As @Antipater_100 mentions, discoveries like Boda are usually not lone wolves.
    I think the last 1-2 years have seen ALK rightly focused on Tommi and Boda, but... being lazy focused can also cause the market to become, well... bored is probably the most accurate? In any case, Tommi should start seeing higher grades (and inherently higher production) from now on. Combine that with exploration and the option for ALK to simply sell up or J/V Boda at any time, and... I continue to struggle to find anything like ALK for gold/copper exposure.

    Hopefully 2024 sees... ALK truly transform from a small cap self funding explorer, to.... well, we will see.
 
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