ALY 0.00% 0.7¢ alchemy resources limited

Surely news from IGO is due soon, page-4

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    If things went to plan, the drilling should have been completed by about 18/9 - about 6 weeks ago.

    The previously done EMs had to yet to be interpreted as per the 26/8 Ann. Those EMs and the results of the aircore drilling then had to be integrated with existing data sets so as to identify potential priority drilling targets. The Ann then went on to say that further phases of drilling and/or follow-up EMs were to be undertaken on identified targets once approvals had been obtained.

    IGO is a top- drawer company. It has stated in the 26/8 Ann of its intentions, as paraphrased by me.

    Anyway, I have just checked IGO's info, and the Q Activities Report recently released states that the aircore drilling had been completed at the end of September - 115 holes totalling 6,759ms - and that assay results were awaited. This last statement was repeated in the IGO Pres'n released today. I just had a listen to the Webcast and there is no extra news beyond what I have said. This area got a mention though.

    Don't give up yet Pfuzzy. This is early days. The next (expected anyway) Ann re assays and drilling/EM programme could be revealing. I would think that the next news will be as a joint Ann. One would hope so. That said, the news that IGO has published should be the subject of an ASX release by ALY - and already released in fact imo.

    It may pay to be vigilant here. If IGO becomes positive, then the better vehicle should be ALY.
 
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