Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
Proactiveinvestors
My blog:
Proactiveinvestors
  • Alkane Resources' Soars 0 comments
    Dec 13, 2012 8:32 PM

    Alkane Resources (ASX: ALK) received a price and volume query from the ASX yesterday after the company's shares hit $0.73 intra-day, a 16% increase from the closing price on Thursday 6th December.

    The company responded to the ASX saying that it is not aware of any information that has not been announced, which could explain the sudden investor interest.

    Alkane is a multi-commodity exploration and development company focused on the central west of New South Wales, with projects including the world class Dubbo Zirconia project - which is in the final stages of feasibility, and the Tomingley Gold Project.

    The company is very well-funded with $92 million in cash at the end of September 2012.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.