ALY 0.00% 0.7¢ alchemy resources limited

Pennant Breakout Alert, page-56

  1. 11,557 Posts.
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    Yeah thanks G1. It's still an evolving area even with the DeGrussa and Monty finds.

    As I have said a here x 2, 3 etc the news about what NST and IGO is up to is at the behest of those 2 companies. There is a legal requirement to advise activity for every Q, so news should be out soon.

    What holders need to understand too that in re the intra Q reporting period they only have to report what is 'material' or price-sensitive to them - not what is m or s-p to ALY. That means that a discovery, say, that would be s-p to ALY but not to either NST or IGO does not have to be announced in a timely manner. So zzzzzzzzzzzz!!

    It can therefore be both boring and annoying holding ALY for that reason. However, the new tenements are under the control of ALY so there should be more news there x 2.

    Traders may be watching and/or holding, but I think that they should be really wondering who was behind the early buying at 1.2-1.5c. No notice or change in or new substantial holding has been made since then so it's either a trader or a smart operator with coin that has worked the SP up imo since than. I'd be wary of a ruse or trap if I were thinking of coming in now because of the TA. Just a guess!!

    As I said, headline news is not expected in the near future if the published info is to be relied upon, so new buyers need to be patient.
 
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