RNS20 Nov 2020 09:50
Well, which bit of the RNS is most important? Probably this:
We are delighted to have secured the exclusive mineral exploration rights to the Gwynfynydd Gold Mine and its surrounding exploration ground. Alba now has the exclusive exploration rights across the entire length of the Dolgellau Gold Belt.
If I am right, this could be huge, if you look at the size of the targets and the size of the current working vs what has come out in oz's then the potential is huge. Of course, it will all need to be drilled as assayed first.
There has been a lot of speculation about what the share price will be after the current assay results come in, and should they be good (which I think is lightly) then I can easily see 2 p maybe a bit more. However, in the longer term I can see it being higher due to the expanded search area and progress on the other assets.
So you can sell and take a quick profit but I would think it would be wise to wait (6 months a year) and then see where we are.