ALY 0.00% 0.7¢ alchemy resources limited

There was quite a HC build-up before the drilling news,...

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  1. 11,557 Posts.
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    There was quite a HC build-up before the drilling news, excitement levels were raised.

    I really welcomed the drilling ann, but I suspect that some expectations were not met, so sell and move on.

    The range of 1.8 to 2c (at least) should be maintained from now on imo until more news comes along.

    There has never been any question about whether or not this general area hosts minable gold; there is a history of that. Gold will be found for sure; but to me it's the prospect of having something special that BRB looks like having that has me enthused. It's my guess too that the geos are thinking the same way: 'The drilling is designed to target NS oriented D2 shears and interpreted folded dolerite stratigraphy where a significant change in orientation of the regional stratigraphic trend from NS to NNW is observed.'

    This is a post that I made on 31/8. It's worth repeating it imo. It's about BRB's Lake Roe mainly. The link to perdant's post is the key thing.

    https://hotcopper.com.au/threads/a-bit-of-a-change.3633363/page-37?post_id=26906055#.Wbn7_LpuJPY
 
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