ALY 0.00% 0.7¢ alchemy resources limited

any theories around sp move today?, page-4

  1. 1,731 Posts.
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    YISITSO

    Totally agree with you about how slow they are. I think the reason for this was the shock of a drill hole that had zilch in it and can not risk another.
    The new management are a very conservative and are thinking about long term and the fact they are very confident that they have a similar resource as their neighbours if not better
    A good thing about this company is you can talk to them as long you have something intelligent to say.
    It is frustrating as a S/H to watch so many others run on just the fact they own ground but ALY fall. They actually have a proven resource.
    Their recent update was also very conservative. We can only hope that they get some big hits otherwise the SP will stay stagnant It is a pity that Directors don`t have the skills to promote their company`s announcements so we get real value. The only way we get the attention is from Broking Houses like Alpha who recognise how under valued we are in comparison to others.
 
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