I would have been very pleasantly surprised if this shallow RAB drilling had revealed wonderful grades and/or widths. It's preliminary drilling isn't it?
This little company, supported by NST as a big holder (about 15%), has been gradually building up its holdings here and there, and to the extent that it now has a decent spread of tenements and a variety of minerals to explore.
Today saw some impatient ones depart, dumping the SP in the process.
I have owned ALY for about 4 years. I had though until a month or so ago substantially reduced my holding because I needed the money, but I am now back buying again.
It's hard to believe, when compared to some rubbish, that the MC is only just over $7.2m.
I would have been very pleasantly surprised if this shallow RAB...
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