drilling started 16 october 2012, page-26

I agree that I don't think the company has conducted any further drilling since its last update so I wouldn't be holding my breath.

it just makes a specific reference to one program of follow up drilling and a couple of vague references to future or more drilling which you could interpret to mean they have keep doing some drilling but I highly doubt that. If they were going to do more drilling I'm sure they would be more specific about what and where and when.

I don't think the December report will do much more than deliver an updated cash position as I'm not sure there is alot more new info around to be updating on. It will be good to see the cash position; I think ALY remains well funded to deliver on its drilling program. Cash burn seems to have slowed substantially.

So Richman...

to be more precise - it actually makes reference to early 2013 and first quarter 2013 (there is no reference to March 2013) - and in the context of that timetable refers to following up on a very promising piece of dirt... probably depends on the weather at this time of year. They could be doing drilling already for all you know (it is early 2013 after all).

I'd prefer better results (seriously who wouldn't!) but its a whole heap better than what has come out on this company in the past couple of years (both management teams at fault - so we don't get into a debate about that again) so lets wait and see what it delivers.

There has been growing re-interest in this region as a couple of small explorers start to show some potentiallly promising returns from drilling. The pressure is on ALY to start doing the same - stop talking about its potential to be another SFR because of its location and start demonstrating it's potentially another SFR by what's in the ground.