ALD 1.90% $29.48 ampol limited

sandune said ald a dog, page-2

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    As we know the big grades are expected in the large sulphide zones that underly the at -surface oxide zones.

    The sulphide zones - is where the "heart" of the gold and high grade is.

    It has bought 4 of its own drill rigs - this suggests must be confident of finding lots and lots of gold.
    Drilling would have probably started by now - I think 2 drills were being commissioned.
    the other 2 to soon follow.

    ALD will be doing 2 things - producing oxide gold at low cost - this is an open pit mine, it doesnt get much cheaper than that and proving up more gold - sulphide gold at depth as well as extending the oxide zones.

    Expect a lot of announcements.

    ALD has 3 islands - LGL next door only 1 island - so the potential is certainly there.
 
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