ALK 3.09% 50.0¢ alkane resources limited

MM8's Au/Cu/Ag prospect looks good. ALK should probably make a...

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  1. 8,284 Posts.
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    MM8's Au/Cu/Ag prospect looks good.

    ALK should probably make a move on MM8. The Medallion's RGP deposit is right where ALK's expertise is - perfect match. Also, the ground looks very prospective offering potential for much longer LOM than the PFS shows.

    Just don't wait for another high-flying executive to snatch the deal from their hands.

    In a depressed market like this, those with money can pull decent m&a deals and ALK does have enough strength in their balance sheet despite the amount of debt they will accumulate over this and probably next quarter.
    Last edited by Antipater_100: 08/08/24
 
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