ALK 1.74% 56.5¢ alkane resources limited

Ann: Quarterly Activities Report, page-31

  1. 1,394 Posts.
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    The Release of the Excellent Quarterly today ....MAY have ended a "black out "period for Directors ,,,,as stated in the Code of Conduct as regards Quarterlies / Half Yearlies / Statutory Financial Reporting periods !
    But 1) drilling resuls , are now pending in the compilation of the Kaiser initial Resource 2) Other drilling completed and 3 ) Tomingley Extension Mining Licence "awaiting verification "!
    So I fail to see how any Director would be selling .....
    And , unless it is Traders who have bought in the mid 50c's and are continuing to still sell to scalp a 20% profit , I am baffled on the substance of todays Report , why anyone would be selling !
    No doubt the prior selling from IG has caste a "shadow of the uncertain" on this .....but I doubt if I have seen a "misjudged" share price as we have with Alkane ..in a long period of investing !
    You start to ask the question ! AM I stupid ...or is the MARKET STUPID .?????
 
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