ALK 1.15% 44.0¢ alkane resources limited

Maybe Joel doesn't understand the difference between a Au/Cu...

  1. 2,813 Posts.
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    Maybe Joel doesn't understand the difference between a Au/Cu porphyry versus a Cu/Au porphyry? Boda/Kaiser is in the first named category and can be economical at much much lower grade of Cu than what that chap in the video is talking about. Plus there is another category of economical porphyry called a Cu/Mo and that is more likely what that chap in video was talking about IMHO.

    Plus a very important factor in ALK's discovery is they have already declared that the rock type is similar to Cadia. That is a huge advantage for underground mining ops later on because we know that Cadia rocks are suitable for block cave mining.

    Sadly as I have mentioned a few times over the past 5 years we are likely many years away from any mining dates. It is a long and winding road and if I may quote some famous people...........
    "The long and winding road
    That leads to your door
    Will never disappear
    I've seen that road before
    It always leads me here
    Lead me to you door"

    Patience is a virtue so they say!

 
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