ALK 3.09% 50.0¢ alkane resources limited

Ann: Significant Porphyry Au-Cu Mineralisation Width increases, page-88

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  1. 304 Posts.
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    After riding the horse called "Ramping", as well as it's compatriot "Wishful Thinking" in a number of races over the last two decades, I have learned a few things. Firstly, the market is rarely wrong when it comes to junior miners/explorers. Has anyone considered that the climb in SP over the last week or so WAS about this announcement? I tend to think that after today's decline, some people just made 15-20% profit from the "true believers". Secondly, group flagellation by HotCopper followers rarely increases share prices, and thirdly, sometimes companies are guesstimating on the optimistic side.

    I hope this is huge for all involved, but there appears a long way to go for that to materialise.
 
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