ALK 3.77% 55.0¢ alkane resources limited

they are not far from releasing some news from either Kaiser MRE...

  1. 7,755 Posts.
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    they are not far from releasing some news from either Kaiser MRE upgrade or exploration results from one of the prospects.

    if they do hit the same zone around 108 and 094 and if they do report good news from only one of the TGO regional prospects, it will be enough to push them well over 70c.
    Kaiser MRE upgrade is probably causing some selling as some get nervous of potential resource shrinkage as ALK will have to use 0.4g/t cut-off grade for the deeper zones below the Open Pit.
    However, latest Kaiser results were really good and offer decent grade improvement that can show much faster pay-off in the scoping study and that is what matters most now.


    I may have asked this before but since I can't remember here it is again - once the Scoping Study is complete, will ALK be able to list Boda and Kaiser as asset on their Balance Sheet?
 
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