MAG are not drilling near Boda4 but expanding the soil sampling and collecting more rockchips. Considering how close they are to ALK's ground it is worth paying attention on what they find.
MAG is hoping to find porphyry signatures there while I think ALK is more looking for epithermal deposit Au, Cu, Ag or even Zn, PB, Ag, AU deposit that could have formed at the periphery of Boda/Kaiser porphyry. What I think anyway.
So any interesting results from MAG could also help ALK with their own exploration and wise versa. It shows how mineralisation is distributed in that particular area.
Also, I am very excited with the ANT survey ALK is doing at Boda4 and Boda2/3 as it may turn to be effective tool on this occasion.
All that I am worried about is if ALK leaves long period of non-event/news from any exploration project. And when I say non-event I mean no exploration results from RC or DD holes which is all that matters from investor point of view.
Producing very strong AC results is great news but it's not a discovery and even though it will attract strong interests from retail investors, it is almost certain it will not get on the radars of any insto until ALK converts those initial results into strong assay results from RC/DD holes.
- Forums
- ASX - By Stock
- ALK
- Ann: Tomingley FY2024 Production Update
Ann: Tomingley FY2024 Production Update, page-26
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALK (ASX) to my watchlist
(20min delay)
|
|||||
Last
47.3¢ |
Change
0.013(2.72%) |
Mkt cap ! $281.1M |
Open | High | Low | Value | Volume |
46.0¢ | 48.0¢ | 45.0¢ | $313.4K | 667.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 30907 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 119850 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 42816 | 0.470 |
7 | 26100 | 0.465 |
8 | 52543 | 0.460 |
9 | 75682 | 0.455 |
8 | 153831 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 122549 | 13 |
0.480 | 158020 | 17 |
0.485 | 45487 | 9 |
0.490 | 44155 | 7 |
0.495 | 57659 | 2 |
Last trade - 13.44pm 11/10/2024 (20 minute delay) ? |
Featured News
ALK (ASX) Chart |