Alkane is in a dilemma.
Do they take us over now at say $0.10 or do they sit tight and wait.
Wait for further drilling results that may push the resource to say 1.5 Million or 2.0 million ounces that will see the share price move northward to say $0.15 or $0.17.
At say 2.0 million ounces a lot more gold companies around the region will be sitting up and taking notice. Pretty sure we have 3 rigs working on site atm so be prepared for good news over the coming weeks and months.
Attached is a link from a recent analyst visit. Enjoy.
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