Abbotsleigh eg Ian Gandel increased his stake in ALK.
I'm a big fan of ALK, and own a big percentage in my portfolio.
However, Abbotsleigh eg Ian Gandel also own 26% of ASX listed Alliance Resources (asx code = AGS).
I am in the top 20 shareholders of Alliance resources. Small market cap under 10 million dollars, a gold project in South Australia.
First maiden Gold JORC resource due out by 30th June. Is anyone in Alkane also involved in Alliance?
Could we see an Alkane/ Alliance merger?
Alkane has the gold mining expertise and Alliance will have at least three different targets, one at 4 grams a tonne, one at 7 grams a tonne and one at 10 grams per tonne. Very Very Very high grade vs Alkanes current open pits.
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