ALK 0.81% 62.0¢ alkane resources limited

Rare Earth plan to be unveiled in the USA today, page-10

  1. 2,334 Posts.
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    I am not far from both projects, Boda and Toongi. In fact a few years ago was sitting on the front veranda of the (former) Toongi farm in view of the "hill". Second one across from where I sat. It is not very big, only a pimple. Must have been part of the Mt Arthur/Catumbal ranges volcanic event millions of years ago? Guessing? It is rich though and is site ready if something comes out of the US today that is favourable. Imagine a double whammy on ALK share prices. I noticed they have been going gangbusters today. Interesting, I just upped my sell price by 50%. Confidence grows. I was just invited to speak at a water crisis forum on this coming Monday evening and the State Govt look as though they are about to "cop it" for water shortages out here and leave some reserves in local dams - for a change??? There are transport issues at Toongi and the old rail line, still an asset but not active has one badly busted bridge on it but a proposed truck bypass in Dubbo to Newcastle making shipping viable but the rhinos won't be too pleased as they are nearby This is an interesting watch, if it double whammies on rare earth - hold on to your hats.
 
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