I’d like to provide a bit of an alternative view on Alkane. This...

I’d like to provide a bit of an alternative view on Alkane.

This isn’t a gold mining company and it’s not going to generate share holder returns through its gold mining activities. It’s effectively a self funded exploration company that plough every dollar back into the ground. Therefore it will always underperform against other gold miners.

for actual gold miner exposure you should own companies like CMM which have a very low asic, strong growth and no hedging or simply purchase GDX. ALK IMO is not a great company if you want true gold miner exposure.

in summary I own ALK as an exploration company not a gold miner.