ALY 0.00% 0.7¢ alchemy resources limited

ALY going to be a cracker 2018, page-11

  1. 15,604 Posts.
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    Shady,

    "That fad is over isn't it?"

    For me it would appear that it all depends on how ARV perform with their planned processing of their 20,000 tonne bulk sample.

    "Word" has it that they have mining approval and the grant of leases stitched up, so the immediate focus will be on the "bulk sample" processing.

    If it fails, then I would agree with you.

    If it's a success, then the whole "Conglomerate" market will move with ARV (no questions asked regardless of quality), however, the depth in the market will be stronger than before (much stronger) with "Late Adaptors" continuing to back up exiting well cashed-up punters so there will be big wads of cash looking for the next best thing!

    That's where the likes of ALY, MEP, HLX and many, many others with a surplus of promise and real projects will become very attractive.

    I hope the Conglomerates are a Big Winner not just because I have money in them but because it will be a game changer for the traditional exploration plays with not just "width" but plenty of "quality" to boot (which most of my playlunch money is in)

    MI
 
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