As per previous posts, I have a decent holding in ALY. There are a number of things that excite myself and a number of other investors.
Firstly there's the existing proven JORC resource that was significantly undervalued a few months ago - hence the initial interest.
Secondly there's the upside potential from a gold point of view. We believe the potential in terms of gold is nothing short of significant - this still remains a very exciting element for us., especially with current drilling, and recent announcements of increased potential at Hermes project.
Thirdly there's the portion of the tenements that (seem to) have the Narracoota volcanics... this has been a bonus and the nearology play makes it more attaractive too.... especially if TLM, PEK, SFR etc find further significant copper discoveries.
We believe in the potential... we hold.
(insert disclaimer etc here... DYOR)
ALY Price at posting:
81.5¢ Sentiment: Hold Disclosure: Held
