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Sorry mr.jeff, I completely missed your post until just now.
I have gone long again at 1.34 today, both a daily and weekly (chart below) signal on my MS system.
(click to expand)
ALK - Alkane Resources
- Thread starter rub92me
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Sorry mr.jeff, I completely missed your post until just now.
I have gone long again at 1.34 today, both a daily and weekly (chart below) signal on my MS system.
(click to expand)
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A bit of rejection last period, but it has coverd the gap back in september...looking good
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ALK returning to strength ?
Looks like potentially moving above that serious area of resistance.
Not sure where projects are up to, but from memory
$107M cap raising with "very strong" interest, at 1.10 on 6 March.
Removal from ASX 200 during current rebalance 2nd March.
Dubbo Zirconia progressing well with some parties signed up.
Looking at 1.90 next if this moves.
Watching. Can anyone add more info on what is happening on the ground ?
Looks like potentially moving above that serious area of resistance.
Not sure where projects are up to, but from memory
$107M cap raising with "very strong" interest, at 1.10 on 6 March.
Removal from ASX 200 during current rebalance 2nd March.
Dubbo Zirconia progressing well with some parties signed up.
Looking at 1.90 next if this moves.
Watching. Can anyone add more info on what is happening on the ground ?
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alkane announces its tommingley goldmine to start construction:
http://www.dailyliberal.com.au/story/1294292/green-light-for-alkane-to-start-construction/?cs=111
lets hope the shareprice starts to reflect it!
http://www.dailyliberal.com.au/story/1294292/green-light-for-alkane-to-start-construction/?cs=111
lets hope the shareprice starts to reflect it!
tech/a
No Ordinary Duck
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Thought you guys would be all over this!
https://www.aussiestockforums.com/forums/showthread.php?t=31431&page=2
Post #38
https://www.aussiestockforums.com/forums/showthread.php?t=31431&page=2
Post #38
pixel
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I've been watching for a breakout, but that didn't happen.
Alert now set for a potential entry around 48c, which would repeat the September pullback to Fib 61.8%
Wysiwyg
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Following on from my stock tipping competition choice of ALK, hard to say if the rise will replicate June/July 2017 and a month hold for the comp. probably won't work out as prices doesn't adhere to monthly time frames in movement. Highly recommend disregarding my stock comp. choice.
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greggles
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Following on from my stock tipping competition choice of ALK, hard to say if the rise will replicate June/July 2017 and a month hold for the comp. probably won't work out as prices doesn't adhere to monthly time frames in movement. Highly recommend disregarding my stock comp. choice.
Nice move north today on no news. Almost 19 million shares traded and an increase of 16.28% to finish the day at 25c. Is there news expected soon? I haven't gone through the recent announcements so I'm not sure. Today's volume is huge compared to any other day this year.
Looks like the bottom was in at 18c.
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I got a email today from ProTrader recommending to acquire upto 25c. This might account for some of the volume.
Wysiwyg
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Hmmm, something afoot .... or is it aleg.
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I really loath pump and dump stocks. They are a setup and lack ethics in my opinion. I have watched them with horror over the years listening to the poor souls who think they are on a winner only to see the price fall away with them still "holding the faith" and trusting the "fundamentals" (aka spin and cow manure). This is why I like charts, I can see what has gone on from all their years of past history.
I always suspected the big volumes or spike may be the buy in, to use later to slowly sell the price up with a ripper yarn. Once they are out of stock, well the sale is over and it will slowly fall back. Or there could be another scenario, where one company buys stock and gives it to another company who then loans money using shares as collateral to our company who then announce they have a great loan on which they can start mining for say....93 years supply of Pyrite in Woy Woy and isn't that exciting and don't you want to be in on it?
Anyway, who knows, enough of my fantasizing....
You might like to glance at this notice on the ASX if you do fundamental stuff and can understand it...too hard for me being a chartist and dyslexic, but it might explain the vol spike for those that understand this stuff!
14/11/2018
8:27 AM
Change of Director's Interest Notice
7 pages
384.6KB
Good trading and now for a chart for ALK which goes back around 27 years.
I always suspected the big volumes or spike may be the buy in, to use later to slowly sell the price up with a ripper yarn. Once they are out of stock, well the sale is over and it will slowly fall back. Or there could be another scenario, where one company buys stock and gives it to another company who then loans money using shares as collateral to our company who then announce they have a great loan on which they can start mining for say....93 years supply of Pyrite in Woy Woy and isn't that exciting and don't you want to be in on it?
Anyway, who knows, enough of my fantasizing....
You might like to glance at this notice on the ASX if you do fundamental stuff and can understand it...too hard for me being a chartist and dyslexic, but it might explain the vol spike for those that understand this stuff!
14/11/2018
8:27 AM
Change of Director's Interest Notice
7 pages
384.6KB
Good trading and now for a chart for ALK which goes back around 27 years.
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I believe this is an excellent growth stock.
Please also review the report published on ASX this morning.
The company has exceeded the upper limit of production. The real challenge is 0 7 gm gold per ton. Still it managed to produce lesser than $1000 per oz. With great turn around on DJ last night I am hoping market to cheer with Alkane holders.
But who knows if market hsn already the good news.
I hold.
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https://www.asx.com.au/asxpdf/20190606/pdf/445n6my2flklq5.pdf
This news is a good sign of strategical direction towards vertical integration for Alkane. Hopefully we would hear many more like it.
In general market may or may not appreciate the news immediately buy it is a clear sign of Alkane's leadership and vision. Good encouragement for a Miner
This news is a good sign of strategical direction towards vertical integration for Alkane. Hopefully we would hear many more like it.
In general market may or may not appreciate the news immediately buy it is a clear sign of Alkane's leadership and vision. Good encouragement for a Miner
greggles
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ALK powering ahead since last week's two announcements:
June 5 - Gold production for FY19 at the Tomingley Gold Operations is expected to be approximately 48,000 to 49,000 ounces, which is above the upper range of previous guidance range of 42,000 to 47,000 ounces. Cost guidance for FY19 has reduced as a result to $950 to $1,050 per ounce.
June 6 - Alkane Resources through its wholly owned subsidiary Australian Strategic Materials Limited has executed a binding agreement with South Korean company Zirconium Technology Corporation to fund the final stage research and feasibility in relation to a clean metal process to convert metal oxide – including key Dubbo Project metals - to metals of high marketable purity.
ALK has convincingly broken through the previous high of 35c today and is currently trading at 38c, up 11.76% on Friday's close. Volume is increasing and supply looks to be drying up.
June 5 - Gold production for FY19 at the Tomingley Gold Operations is expected to be approximately 48,000 to 49,000 ounces, which is above the upper range of previous guidance range of 42,000 to 47,000 ounces. Cost guidance for FY19 has reduced as a result to $950 to $1,050 per ounce.
June 6 - Alkane Resources through its wholly owned subsidiary Australian Strategic Materials Limited has executed a binding agreement with South Korean company Zirconium Technology Corporation to fund the final stage research and feasibility in relation to a clean metal process to convert metal oxide – including key Dubbo Project metals - to metals of high marketable purity.
ALK has convincingly broken through the previous high of 35c today and is currently trading at 38c, up 11.76% on Friday's close. Volume is increasing and supply looks to be drying up.
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Great update. I am not complaining with my holding
greggles
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Great update. I am not complaining with my holding
More good news announced yesterday Miner.
Significant gold mineralisation has been confirmed by RC and diamond core drilling between the Roswell and San Antonio prospects, showing a continuous strike length of 1,600 metres of gold mineralisation located within 4 kilometres south of the Tomingley Gold Operations (TGO) processing facility.
Some great results there and the ALK share price has been firing up yesterday and today following the announcement and is currently trading at 43c, up another 7.50% today.
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Thanks mate. Hopefully this gain would compensate my losses from pathetic CGC.More good news announced yesterday Miner.
Significant gold mineralisation has been confirmed by RC and diamond core drilling between the Roswell and San Antonio prospects, showing a continuous strike length of 1,600 metres of gold mineralisation located within 4 kilometres south of the Tomingley Gold Operations (TGO) processing facility.
View attachment 95421
Some great results there and the ALK share price has been firing up yesterday and today following the announcement and is currently trading at 43c, up another 7.50% today.
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@Miner hope you saw the announcement from ALK yesterday, a pretty significant Cadia style gold copper drill result
Price has reacted strongly, every discovery starts with the first drill hole, it will be interesting to see how this plays out
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@Padowan
to be honest, I did not see the announcement first but saw the prices were jumping and then checked the announcement. Happy holder and it is always the question of why did not buy more earlier. Well, I asked myself the same question why did not sell off SYR! One hand takes and the other hand gives.
Could there be anything else would also happen with ALK? the grades of gold and or copper reported are actually nothing extraordinary IMO. Who knows what punters are putting the money for. Not complaining however.
