ALK 0.96% 51.5¢ alkane resources limited

Ann: Kaiser Resource Drilling Records Highest Gold Grade Interval, page-120

  1. 1,595 Posts.
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    Joelstar, agree but I suspect it is currently in part short term profit takers who bought in the .50's.

    Benjamin Graham and in turn Warren Buffet observe that Mr Market swings too far one or the other way, and often does not undertake any or sufficient fundamental analysis. Rick Rule, echoing Buffett's view that the share market is a mechanism for transferring wealth from the impatient to the patient, observed his best multi-baggers (10+ times) are 5-6 year holds. I suspect we are nearing the end point where the action begins to happen.

    I have done a fair bit with Alk. It has far lower risk than so many of the juniors, and far greater potential reward, with Boda, but even with Tommingley and Kaiser.

    GLTA.

 
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