ALK 3.98% 42.3¢ alkane resources limited

Ann: Boda-Kaiser Scoping Study, page-96

  1. 7,860 Posts.
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    both will happen at same time. Trump is now the next president (unless they don't kill him) and that means big stimulus package to rebuild the US infrastructure that is not much better than a 3rd world country. Demand for copper and steel will skyrocket while US will fund this program via debt.
    Trump will also force rest of NATO to spend lot more on "defense" so demand and that means all these countries will be buying overpriced US weapons or like in our case non-existing and overpriced subs. And all that will be funded by debt by every country except Norway.

    and no, there won't be any cuts in spending from other sectors as if Trump tries to cut funds from MIC he gets taken out. If he tries to cut spending on health and social security, he gets riots and crime rate explodes even higher from already very high levels and he can't cut on education either. he may force few pharma companies to reduce their prices on some drugs but that won't be enough.

    And all that means one thing - gold and copper prices will go up.


    While ALK is most likely to make another discovery at NMPP in the next 12-24 months. Driell Lithocap is showing real promise, Boda2/3 is so sparsely drilled, it almost guarantees more high grade zones and new orebody or two.
    And then we have decent anomalies at Boda4 that are promising.
    It's just when ALK will get to drill them?
    If ALK gets serious and intensifies the exploration efforts then a new discovery can happen in 12 months - the ground is fertile.

    While I understand and support the approach at Boda4 which requires to do ANT survey, then progress with AC drilling and if drill targets are identified then progress the drilling to RC and DD, I don't support waiting over 6 months to drill follow up holes at Driell unless there are access issues which will be legit. If access issues can be resolved by paying extra then those costs have to be analysed against doing nothing/opportunity cost.
    If those costs are way to high then fair enough but if those costs can be covered by freezing all travel and attending PR forums then there is a solution here so let the drill-bit talk rather than flashing PowerPoint slides.

    right now one high grade intercept (especially if it's shallow) from new area will do lot more than 10 presentations.


 
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