ALY 0.00% 0.7¢ alchemy resources limited

A bit of a change, page-28

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    Torpedo. I suggest that you read some anns to get up to speed.

    That said, as the longest-running holder and poster here I would reckon (eh pfuzzy?), let me tell you that the ALY tenements are not really close to those of ENT, SFR and TLM. SFR is the most relevant though. Generally speaking there is the Goodin fault on the south border and the Jenkin fault on the north border of the Bryah basin, but that's a very simplistic assessment. The BB is the key here!!

    ALY's land is basically along the jenkin fault and it's split vms cu/au on the sth side and non-vms gold on the north. All you have to do to find out is go to the website. A few years ago it sold Hermes (gold in the north) to NST as owner of Plutonic and farmed-out Wilgena (gold in the south) to NST. Billabong Gold, a subsid'y of a Canadian public company, now owns/farms-in the former NST holdings. IGO, some years ago, farmed in the southern (VMS) land and has been progressing slowly there for some years now. Both BG and IGO are in no hurry.

    Personal research is what is needed.

    This continues to be an enigmatic mercurial company. One day though it may cease to be like that and, instead, get some status and stability. The 2 farmed-out areas are good, just slow-moving. The 2 new areas promise independence, esp Karonie; but beware of spruikers comparing K with BRB's Lake Roe, so that they are stated as being one and the same geo-speaking. Imo they may not be, even though they might appear to be. That's the research that is needed here; crucial imo. Care to tackle it?
 
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