ALY 0.00% 0.7¢ alchemy resources limited

nice breakout this week, and as usual a pullback.this was done...

  1. 3,740 Posts.
    nice breakout this week, and as usual a pullback.this was done on low volume(pullback)suggesting the buyers(11mil.) at the turn have faith in the share price going forward. this stock has to be very undervalued for the area, and maybe being looked at as such,would fit nicely into SFR if they want to grab more area along strike, and the work done so far by ALY to be close to go for mining.some stale sellers, then the believers can make up some nice ground with the share price to rise on all the good news going forward. the news going forward should contain, recovery`s 90%+, new JORC, commited Plutonic milling, new drill results, gold price rising. The new find is only 13km`s from Herme`s, suggesting this area will be one of many pods of gold that will be open cut mined.the nice thing also is as mining starts, new areas will be proved up ready for mining.once minig starts the company will be re-rated to producer, if not taken out before. JUST MY THINKING.
 
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Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $7.068M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $67.24K 11.15M

Buyers (Bids)

No. Vol. Price($)
15 6775912 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1356659 3
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
ALY (ASX) Chart
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