I already own some ALY, but added some more to it this morning.
Out of all the SFR "nearology" plays, i reckon that ALY has the best potential. I made my decision along the same lines as Georisk. SFR have shown the way. They started with finding shallow medium gold with aircore drilling, then went beneath that with deeper RC and diamond drilling. It is becoming quite apparent that they have hit a volcanic vent, and come up with a VHMS system.
ALY started with a modest gold deposit & some modest grades, then some aircore drilling earlier this year hit some nice higher grades. The 118g/t was an example ... that looks to have excited the geos. Now they have planned a massive drilling plan over the next 12 months to extend the Hermes deposit & drill test multiple hot targets around Hermes & in the Naracoota volcanics.
A lot more to come from this one IMO
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