AYR-any opinions

1 post / 0 new
Prem124
Prem124's picture
Offline
Joined: 06/15/2011
Hat Tips: 587
Posts: 34
AYR-any opinions

AYR:ASX

Alloy Resources

What do you guys think about risk/reward on this stock. Market cap of 3.35 mln AUD and trades on ASX. Recent drilling results include 43g/t Au over 4 m from 44metres and around 1 million in cash. Drilling had some other nice interecpts like 15m at 4.22 g/t from 60 metres. The deposit is in Australia and only negative I see is that natives rights are not addressed yet.

Edited by admin on 11/08/2014 - 06:19
Syndicate contentComments for "AYR-any opinions"