ALY 0.00% 0.6¢ alchemy resources limited

Ann: Alchemy Signs Ni-Co Option Agreement, page-17

  1. 567 Posts.
    lightbulb Created with Sketch. 154
    Granted my entry 2 months ago at 2.5c showed a little lack of patience, and could have been better (as the SP traded mostly between 1.9c and 2.9c since). But as the price drifts sideways, I am starting to get a little frustrated, perhaps due to my lack of fully understanding the potential of ALY tenements and what BOD is trying to achieve.

    My questions to long-term holders here:
    Does BOD have a good reputation, and experience?
    Also, is ALY a range trading stock (as the last 2 years charting suggests), or does it have serious potential for a big re-rate?
    And if re-rate happens, what would be a reasonable SP target?

    Looking forward to your feedback.
 
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