ALK 1.27% 40.0¢ alkane resources limited

Ann: High Grade Zones at Boda Shown by Revised Drill Orientation, page-153

  1. 7,991 Posts.
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    Above comments are specifically referring to Kaiser – Boda area. My view is ALK will have to drill eastwards from holes 9, 10 and 13. If there is anything south of hole 13 then it will be very deep as hole 05 did not hit much and was drilled to 187m. Perhaps ALK will have to drill south/east of 13 if high grade zone from Boda leads them there. We might see more 1500m holes in the future.

    But for now, let’s see if ALK hits high grades with their 2 holes around hole 22. I am yet to work out why Mr Market did not give hole 22 much significance.

    And yes, I am not discarding the possibility I am wrong. Not going to be first time but does not happen often when it comes to interpreting Au/Cu assays and particularly porphyry plays.

    IMO and not investment advice.


 
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