ALK 5.10% 51.5¢ alkane resources limited

In % terms ALK has fallen more than POG over the past 6 months....

  1. 54 Posts.
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    In % terms ALK has fallen more than POG over the past 6 months. ALK is down 37% since 1 Sep 20 and POG is down ~16%. For another comparison Newcrest is down 23% over the same period and the few other goldies I checked were also down around 20-25%.

    Full details of what BODA might become are yet to be fully known, so this is probably adding to the volatility of the share price. I don't see the AQX results as being detrimental to ALKs BODAs prospects, but that isn't to say that others might see that as a negative.

    In my view ALK is oversold compared to many other gold miners. This is just a good buying opportunity, IMHO.
 
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