I had a look at the YouTube commentary and ran some numbers in...

I had a look at the YouTube commentary and ran some numbers in my valuation model. Alacer is quite an interesting case in that their Copler mine has a large reserve base and they are now developing the mine for the longer term. The key risk is in the interest rate not increasing quickly as that can turn the company around if financing costs increase. I think that there is a lot of potential. At present not too rushed to jump in yet, even though I think I could miss the train.

Their opratioope have to remain low cost so they can internally fund their construction and pay down debt. At present, looks good on that front.