Alkane Resources Ltd ALKEF

Metals & Mining Gold

Alkane Resources Limited is an Australia-based gold exploration, development and production company. The Company’s projects and operations primarily located in central western New South Wales. The Company's projects include Tomingley Gold Project, which include Tomingley Gold Operations, Tomingley Gold Extension Project, and Peak Hill Gold Mine; Northern Molong Porphyry Project (NMPP), which includes Boda & Kaiser; and Other Projects, which includes other exploration Projects. The Tomingley Gold Project covers an area of approximately 440 square kilometers (km), stretching 60 km north-south along the Newell Highway in central-western New South Wales. The prospective belt extends from near the village of Tomingley in the north, through Peak Hill and almost to Parkes in the south. NMPP covers an area of approximately 115 square km, centered approximately 20 km north of Wellington and approximately 35 km east of Dubbo in central western New South Wales.

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Alkane Resources Ltd

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Comment by Looking4Doubleson Sep 05, 2017 11:15am

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Post# 26656348

RE:RE:They are moving forward, slowly but surely.

Added to position again, as well as to Lyscf. With the rare earth pricing turning up, commodity funds will start making investments soon which will drive these stocks a lot higher. Simple supply and demand issue. With the current geo-political issues, there are only a few good investment vehicles outside of china.

The general markets are over-valued due to reckless central banker policy. Sooner or later, I believe sooner, commodity funds and investors will start looking for the next BIG thing to invest in. I believe that will be the rare earth industry.

Get in early and cheaply, while you still can. Once the find flows pick up it will be too late as $20,000-$50,000 investments will make these stocks soar.

While I originally thought it looked like a double in a reasonable period of time, I now think both of these stocks have a "chance" at going parabolic within the next year.

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