ALY 0.00% 0.7¢ alchemy resources limited

Guys I think you need to remember we have a conservative...

  1. 11,111 Posts.
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    Guys I think you need to remember we have a conservative ,perhaps even staid management who aren't prone to spruiking like some of the other juniors .ALY is at the moment cheap in my opinion and over the last week I have been a buyer .What the map that I posted on the SRI thread does show is firstly it prioritizes the Jenkins fault and shows a good portion of it on ALY's leases .What is worth remembering is that we do already have JORC resource statements for Hermes and Wilgeena and these will provide near term cash flow. I do think that anyone reading the article might reasonably come to the conclusion that ALY is undervalued .It would be nice if management took this opportunity to release an update and clearly articulate their forward plans and progress at Magnus as well as perhaps releasing their geochemical analysis and any soil sampling they have results for .What i would be looking for is elevated levels of Cu +Zn in soil samples
 
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