ALY 0.00% 0.7¢ alchemy resources limited

Ann: Bryah Basin Drilling Underway , page-27

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  1. 1,731 Posts.
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    Hi Pete,

    I have spoken to the company a few times and discussed their plans for drilling etc. You just can not help getting excited when you hear what they say.
    The news they gave out about the results of preliminary drilling with some very sophisticated equipment you could not help to expect to have some good hits. But to find very little again makes you wonder how proficient they are. Companies using the same equipment are at least finding some good results.
    If you look at the ground they have and what has been discovered by others around their holding it is hard to believe they again find zero.
    I dont really think we are asking for too much considering what has been discovered. Yes it is a gamble. Shareholders should feel upset at their failure considering all the homework that went into this latest drilling programme.
 
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