yes mate. I don't like spruiking and hate few here that never...

yes mate. I don't like spruiking and hate few here that never ever see any fault with ALK's BoDs and MD which basically are cheap spruikers aka Disallowed salesmen.

Having said that, be aware I can be wrong (big time) and no one really knows what Kaiser looks like until ALK releases their MRE upgrade. I am speculating here and basing my assumptions on what IC alluded to and today's buying.

look at the volumes today - more than double the 5 day average while rest of the miners are about half the gains ALK is seating on.

Last Kaiser results also showed number of very good grades and that too is making me thinks 0.74g/t AuEq is not too far bridge. Currently at 0.67g/t AuEq.

Here more conservative numbers:

If Kaiser prints 170Mt at 0.7g/t AuEq then this will be around 3.8Moz AuEq and total resource will be around 14.6Moz at around 0.61g/t AuEq. Still very good and better than before with a bonus of big chunk of Kaier will now convert to Indicated category which is much higher confidence resource.