ALY 0.00% 0.7¢ alchemy resources limited

Ann: Bryah Basin Drilling Underway , page-23

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  1. 3,010 Posts.
    lightbulb Created with Sketch. 48
    yeah i'm with johnno. if it was as simple as that every one would be hitting finds and finds are the exception not the norm. these guys havent done a good job of finding copper/gold but they have done what they are paid to do - find targets and drill them (just wish they'd find more targets).

    having said that, the issue i have is how management pump up expectations - unrealistically IMO - and then when the results are below those expectations the inevitable battering to the SP.

    instead of constantly telling us how this is near de grussa, de grussa structures etc etc etc (its like rubbing salt into the wound) just concentrate on the land we have and stop comparing it to what is probably a one-in-10 million find for SFR and probably won't be replicated.

    better to stop with the glowing reports of how things look promising and instead identify solid targets and drill. let the results speak for themselves...

    and when is a mining company actually going to publish drill results that you can understand and not in geo-speak??

    anything wrong with actually saying blah blah blah blah and we think that is good/bad/indifferent and for this reason. surely it cant be that hard to add some plain english to the results reports.

    SP is looking cheap at a touch under 8c. might be time to top up again as it will probably run back up to 10c or 11c in a month or so for a nice little trading profit.
 
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