ALY 0.00% 0.7¢ alchemy resources limited

Drilling Success. What oldcodger stated is 100% correct and is a...

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  1. 1,731 Posts.
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    Drilling Success. What oldcodger stated is 100% correct and is a big worry for the company. They stopped drilling as a result of past failures However this time they have approached where to drill far more professionally and have concentrated on a new area. I also agree this is a good punt.
    But I think the results will have to be significant to see any substantial rise in Sp and for it to remain there.

    There was a strange close to the SP on Friday with a last minute trade going through at .125 when it was struggling to hold 11 cents. It is far too soon to know if the first hole had found anything but I am hoping that some one at the site saw something and told a friend to buy a few.Don`t forget it was one o`clock in WA.

    Cheers all and lets hope the drilling attracts a few punters and arouse the interest of the market.
 
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