Ann: Kaiser Infill Drilling Results, page-50

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Antipater_100

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1411

11/11/23

15:01

Post #: 70846909
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Originally posted by maplelegion: ↑

The attached You Tube interview , is the keynote address ( fireside chat ) from two prominent American/Canadian Investors Frank Giustra and Rob McEwen , coming out of last weeks Annual Red Cloud Investment Seminar in Toronto .
If you have 40 minutes to spare , its an intriguin /interesting and thought provoking watch .Some of it is a bit altruistic ..but you can put that aside !
If you are looking for it to impact on the ALKANE share price on Monday or next week ...don't bother watching!

In that case, what has it to do with Alkane ..nothing specifically , but "a lot"as regards a participant in the gold /commodity industry likely at the start of another cycle of higher demand/much higher metal prices and the inevitable Merger and Acquisition cycle in companies in commodities ...that is , well credentialled companies .
The interview made me reflect , on what ALK has /will achieve by the end of 2023 , or very early 2024 :with absolutely no benefit to the share price !That said ..the fundamentals for ALK have been cemented and improved in a very significant way !
1) Significantly advance the process , where Tomingley become a 100k oz plus producer , for the next 10 years or more
2) Advance the bona fides of Boda /Kaiser , to a indicated/inferred level , where a Prel.Economic Assessment can be prepared , so as to be evaluated by ALK itself , or in conjunction with /independently by OTHERS in its Peer Group .
3) With cash flow ..and without Share dilution .
Furthermore ...it almost flags "the end of the beginning " ..where ALK can focus on the next steps ...and whilst Mining Operation and execution moves forward in the background , ALK starts exploration drilling at nearby targets , that have been acquired/identified as likely having the same features as Tomingley and Boda .
AIMHO

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watching them now.. great discussion. Can anyone picture Nic being able to hold his ground at such event?

Your point 3 is very good but it was for ALK's MD to explain that was the plan - if that was the plan. Instead he keeps talking meaningless points and sending mixed messages.
How hard was for the MD to say ALK is not planning to do any regional exploration until current programs at Boda and Kaiser are completed. Then it was would have been easier to evaluate ALK and many would have made different decisions when to enter or sell. I would have.

It only shows how out of depth this MD is.

As I said it many times - he can't tell the story of how ALK is going to grow and how he can protect the SP.

Watch the Crux interview which is a trainwreck. At one point the MD claimed that his job was to explain to investors the risk the company is taking on their behalf - if I understood this correctly.
Unless I missed it but I can't recall Nic ever walking us through the risks of not being successful at making another discovery or the risks that come with being single mine operator as a result of failing to land M&A deal since 2018.

his role is simple - find growth and protect the SP during turbulent times and drive the SP during good times. In my view he failed all three.

ALK Price at posting: 62.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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