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re: Ann: Diamond Drilling Returns Significant... Well that...

  1. TrevorSaul
    116 Posts.
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    15/07/11
    18:31
    Post #: 8682379
    re: Ann: Diamond Drilling Returns Significant... Well that explains the share price/volume spike.

    Sure, they may not have had the confirmation assays, but they did know something - they had core with gold!

    ALY are being too cute here.

    The other worry about this announcement is the 4m grade comp is basically driven by the 99.3 assay. The remaining 3m comprises 3.9 ppm, or 1.3 ppm per m.

    On a positive note, the announcement tries not to hype these patchy assays, and concentrates on providing measured facts.
    ALY Price at posting: 21.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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