Ann: AGM - Managing Director's Presentation, page-108

Funny enough was thinking about some of the same issues myself this morning.

I came in to ALK at around 80c. But I was fortunate to sell out of ASM on the way up including a last tranche at over $13.

This has made the whole experience a positive one and that inevitably impacts personal perceptions even though it should be irrelevant.

But ALK is a huge mystery. The more successful it is the more the price slides. The only good thing is that it trades in a saw tooth and by trading the spikes I have reduced my average to around 60c.

I too think the IG thing has hurt. The arrogance was stunning. Of course you can sell your shares when you like. Nobody disputes that. Just would be nice if you were a little more mindful of the interests of the little guys.

Anyway I intend to hang in with this:
1. Huge resource for the long term.
2. Not in WA (inflation central) and reasonably close to population centres.
3. Lowest AISC around.
4. Bit of copper.
5. Exploration potential.