ALK 3.00% 51.5¢ alkane resources limited

lyc and alk a race to 3 dollars, page-10

  1. 9,509 Posts.
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    Hi parmenio,

    you are right we tend to forget the gold but with the gold price rising and continueing its upwards trend we should keep a close eye on that part of the company as well.

    The Tomingley gold project is getting more interesting with this rising gold price and will bring in some handsome returns.

    Newmont will certainly go ahead with mining those millions of oz of gold and ALK will get 30% of the proceeds.


    It looks like everything is falling very nicely in place for this company and the current re-rating seems to be well deserved imho.

    good luck to all holders

    jojo
 
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