ALY 0.00% 0.7¢ alchemy resources limited

just a few thoughts and observations .In the last few weeks...

  1. 11,111 Posts.
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    just a few thoughts and observations .In the last few weeks since OZL took the stake in SFR a number of the juniors holding ground in the Narcoota have seen sp rises one after another not all at the same time .I am inclined to think it is one player buying a minority stake in all those juniors in the Narcoota to the east ,northeast ,west and south west .....eg CYS ,THX, TLM and now ALY . Picking them off one at a time .The total stakes they have purchased in all these juniors amounts to less than $10M I think . I believe it may be OZL ,their pockets are certainly deep enough and I think whoever it is is just positioning themselves with small stakes in all the juniors surrounding SFR before they declare their hand fully . Using that logic there is only 3 juniors immediately adjacent to SFR leases which haven't been touched yet AUC ,LSR and PEK .If we noticed increased action in those then my logic might be correct .I think a big fish has designs on taking control of the major area of the Narcoota formation at Doolgunna
 
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