A40 0.00% 8.2¢ alliance mineral assets limited

Ann: Resource Drilling Recommences at Bald Hill Mine, page-26

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  1. 587 Posts.
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    We need to stop judging an announcement by the price action for a few hours, unless you are an intra-day trader.

    It's a great news from the business angle - this is the start of a massive drilling program that will enhance shareholders value through increase in total resources and reserves/LOM. We all know from other mining companies that the share price rise significantly during the drilling program (progressively when interim drilling results are published).
 
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