ALY alchemy resources limited
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grosvenor assets - bryah basin

  1. Lostinaus
    55 Posts.
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    11/01/12
    09:54
    Post #: 9534409
    ALY holders ... I thought someone might comment on the RNI acquisition of the remaining Grosvenor Gold assets (including the Fortnum Gold Mine)?

    I am suprised that either ALY or RNI have gone for these deals. Both smell of extreme desperation ... and are highly risky. The dilution of shareholders to quite harsh.

    If it pays off ... then "hats off" to those with big kahuna's, but I've been in the game long enough to know it probably won't.

    Maybe now consolidate by merging ALY & RNI ?
    ALY Price at posting: 13.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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