ALY 0.00% 0.7¢ alchemy resources limited

sell off may go on for a while, page-7

  1. 50 Posts.
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    I agree that this correction will be short lived with drilling results to come soon from recent drilling and the company has been extremely conservative about its comments about the Narracoota and the copper potential.

    IMO ALY has the ground and potential to drill quickly. TLM still doesn't even have granted leases, it is relying on historical soil sampling and will have to deal with native title issues before it can do anything on the ground.

    Also I am still excited about the discovery of a porphyry at depth at Hermes in the last announcement and want to see where that leads as I understand it is usually an indication of mineralisation at depth.
 
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