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ALK, ALKANE RESOURCES LIMITED
mullokintyre
post Posted: Feb 13 2020, 01:49 PM
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After reaching highs of 1.16 just after the opening, ALK has settled at just over a buck.
Now more buyers than sellers, so will probably see continued consolidation around this level for a while.
Those who bought at that 1.16 level and just below might be feeling a little less excited.
Mick



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mullokintyre
post Posted: Feb 12 2020, 09:21 AM
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In Reply To: nipper's post @ Feb 12 2020, 09:15 AM

No doubt it is, but that doesn't mean the acronyms can't start investigating who were the ones getting inside advantage.
Mick



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nipper
post Posted: Feb 12 2020, 09:15 AM
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In Reply To: mullokintyre's post @ Feb 12 2020, 09:08 AM

Pretty hard maintaining tight hole conditions and hiding a drilling result. Too many eyes and ears involved in the process.!



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
mullokintyre
post Posted: Feb 12 2020, 09:08 AM
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In Reply To: nipper's post @ Feb 12 2020, 08:42 AM

Not complaining, but it makes you wonder how many people were in the know before official release.
Insider trading, nah not possible with all our acronyms carefully collecting their big salaries and putting out soothing press releases.
Mick



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nipper
post Posted: Feb 12 2020, 08:42 AM
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In Reply To: mullokintyre's post @ Feb 11 2020, 10:01 AM

TH pending the release of "significant exploration results from drilling at the Boda Prospect."

Now a buck, should make yr $1.20?



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
mullokintyre
post Posted: Feb 11 2020, 10:01 AM
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Up another 3% this morning on well above average volume.
Yesterday closing price was 15% up on a 12 Million plus trading volume.
The chart shows a similar volume driven rise back in May thru June last year when it doubled from 20 to 40 cents, and followed September thru October when it doubled again.
Would be nice if that pattern was repeated this time, though on the past two occasions, once the biggest volume day s had passed, the volumes dropped off and the price only rose slightly before meandering or falling.
Looking for some exits around 1.20.

Mick



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mullokintyre
post Posted: Feb 10 2020, 10:57 AM
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In Reply To: mullokintyre's post @ Jan 28 2020, 12:51 PM

And up another 14% today.
Something up, can't just be the gold cycling.
Mick



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mullokintyre
post Posted: Jan 28 2020, 12:51 PM
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In Reply To: mullokintyre's post @ Jan 17 2020, 02:26 PM

ALK on another roll. Up 13% so far today.
Must be the gold in Tomingley pushing it up.

Mick



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mullokintyre
post Posted: Jan 17 2020, 02:26 PM
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ALK running hot. Must be something up.
Maybe all those who took part in the share placement want to make a stag profit.
Mick



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mullokintyre
post Posted: Nov 29 2019, 09:32 AM
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In Reply To: mullokintyre's post @ Nov 28 2019, 04:33 PM

Missed by that much.
Might have to sell 1/8th of the holdings and take part in rights issue.
Not sure why it is suddenly back in favour, maybe we have our own version of the Plunge Protection team??
Mick




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