ALY 0.00% 0.7¢ alchemy resources limited

re: Ann: Drilling Delivers Further Gold at Ce... You can always...

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  1. 1,731 Posts.
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    re: Ann: Drilling Delivers Further Gold at Ce... You can always tell when there is going to be an announcement as there is an increase in activity. Company suffers from the bungs being pulled from the boat. Also if drilling is not good they don`t release results. The rise from .11 to .19 some time ago was the most recent but when they struck zero no news was released and those in the know sold down and SP ended at .075. The recent rise has been on very small turnover pending an update which is now due. OR is late. Yes timing in buying this stock is crucial as it knows how to fall faster than it rises as what has happened in last six months.



    Management have on most occassions kept a low profile which is in many ways good as it creates a high level of credibility but to some not appreciated as they look for the quick dollar.It is difficult not to think we won`t get hits similar to Sandfire and see the SP move accordingly but we also have ground in other areas that has enormous potential

    . I how ever do believe that it is time for this company to be more open about its exploration activities in the next few months so investors can be given the confidence that is

    very much needed than to have to rely on our own beliefs.
 
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