ALY 0.00% 0.7¢ alchemy resources limited

Ann: Diamond Drilling Identifies New Mineralisati, page-8

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  1. 3,740 Posts.
    re: Ann: Diamond Drilling Identifies New Mine... ALY is under valued,why !! they will proberly buy there own plant(to enhance the profits)JORC resource in place,with up-date to come.IN October the court case for a large area comes into play,if not settled before.The MOU in place may see early cash flow.Price of gold has increased alot in the last year.The exploration in the area is still in its early days.The company also has some good iron-ore prospects.Still SFR production to start,then rumours of the area being consolidated.SRI find will bring interest back to the area.Just needs the market to find direction.For The stock to fall from over a $ to where it is now,shows the potential for it to retrace,on any news of a find,or close by, or news of production to commence.I see it as a buy---accumulate. OIMO>
 
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