www.alkane.com.au
Alkane Resources (ASX: ALK) is a multi commodity mining and exploration company focused on the Central West of New South Wales, Australia. Alkane's shares are also listed as American Depository Receipts (ADR's). The company has built a gold resource inventory of over 1 million ounces at McPhillamys near Orange in a venture with Newmont Australia.
The Company has an advanced feasibility study in progress for the development of the Dubbo Zirconia Project which is based upon a very large in-ground resource of the metals zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements.
Alkane Resources 35% share spike prompts ASX 'please explain'
Alkane Resources (ASX: ALK) shares soared 35% to an intra-day high of $1.84 yesterday, from $1.36 a week earlier, on high volume, prompting an ASX price and volume speeding ticket.
The company said there is no material information that has not been released to the market which may explain the sudden investor interest.
The company did however state in a response to the ASX:
'Last week the company completed an investor relations roadshow in North America based around the updated corporate presentation released on 4 March 2011.'
Alkane also pointed towards two research papers on the company released earlier in March, which may have boosted investor interest in the company.



















