ALK 2.91% 53.0¢ alkane resources limited

I f Boda is expensive (and still at risk for development) then...

  1. 3,717 Posts.
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    I f Boda is expensive (and still at risk for development) then why buy ALK? It is already extremely highly priced in relation to other gold companies (valuation is up with the big ones but with a low gold production). From what I can see, it is only a big success at Boda that can possibly justify the current valuation and that has to be years away.
    I have a residual holding only, after selling at $1.20 and realising a decent gain from an earlier purchase.

 
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