exciting news overdue

It is a dangerous business selling now, with so many announcements due.

If I were wanting to exit (and I'm not, or course), I would at least wait until the assays from the diamond cores with the visible gold are in. (not to mention wait to find out about the mineralization 350m below current drilling at Delta.)

There is an awful lot of drilling happening at Delta at the moment. Apart from the diamond drilling which has already been done (assays pending), there is another round of current diamond drilling, plus 20,000m of air-core. A sign of A1's confidence in the 'discovery' (their word, not mine).

Then there is a resource upgrade due, based on the assays earlier this calendar year (the current 1m oz is almost a year old now.)

Then there is the letter of intent with a major miner regarding A1's other tenements, prospective for gold and nickel... expect an announcement here sometime...

Then we have the progress reports on the mill construction, which are likely to give the price a boost, as the production timetable moves forward...


The weight of unannounced news is building. And the sellers have thinned out, or become less desperate to sell.

Just as the price fell quickly through thin buying volumes, so any one of these announcements could see large % gains with little resistance.

IMO, exciting times for A1 holders.

disclosure: 800,000 shares. (I topped up yesterday)