ALY 0.00% 0.7¢ alchemy resources limited

Is the tree shake over?, page-12

  1. 12,874 Posts.
    lightbulb Created with Sketch. 370
    I agree Shady....Karonie was indeed master-stroke. Heron farm-in also. They have their hands full now.

    I'd like to share my thoughts why Alchemy will make holders great returns in the short, medium and long term- and would like to hear your thoughts Shady.

    ALY is not just a cheap stock that has a small run then drops, though that's what it seems like at the moment.

    In short this is what I see happening and it'll be a good ride....

    As you said MD is a very astute geo and will have drill targets ready - he is compiling historical data as we speak as per presentation. We will have drilling, good drill hits (I'm confident he will make sure of that) and then further drilling.....

    In the meantime the market will respond to results the share price will rise.

    Somewhere after those results and drilling planned they will raise money. With a good registry like we have it will be well supported, and we retailers can pick up some discounted stock.

    The cash will be there and they can drill more aggressively and have more news flow.

    By this time we have all have bagged or more from these levels.

    What makes this a great stock is the speculative liquidity is there, and we could always get good news from left field in our JV projects with IGO and NST.

    Its simple...entry at these levels is a gift....though no one person is bigger than the market.....the market will decide.
 
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