XGD 0.70% 9,285.9 s&p/asx all ordinaries gold

I just bought ALK at 40.5 cents reckoning it’s underpriced with...

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    I just bought ALK at 40.5 cents reckoning it’s underpriced with fair value of 51 cents per share and plenty of upside potential given:
    - Upcoming results from Tomingley with drilling being completed and giving certainty to what we already know.
    - Further rise in gold price with euphoria from G20 meeting wearing off as the market realises that China trade agreement won’t be that easy, Europe trade issues and Middle East concerns
    - Likely announcement of partnership to develop Dubbo rare earths, huge deposit that helps USA be free of China, and a good deal considering how much money ALK already has in the bank
 
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